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3. Consider the following expected returns of three stocks. Stock ExpectedReturn Duke Energy 5% Microsoft 20% Wal-Mart 8% What is the expected return of a
3. Consider the following expected returns of three stocks.
Stock
ExpectedReturn Duke Energy 5%
Microsoft 20%
Wal-Mart 8%
What is the expected return of a portfolio that is consists of $20,000 in Wal-Mart and a $30,000 in Microsoft?
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