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5 You own a portfolio that is 20 percent invested in Stock A 50 percent in Stock Band 30 percent in Stock C. The expected

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5 You own a portfolio that is 20 percent invested in Stock A 50 percent in Stock Band 30 percent in Stock C. The expected returns on these three stocks ne 9 percent, 12 percer, and 8 percent, respectively. What is the expected return on the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded 102 decimal places. 0.32363

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