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8-04 Consider a $39,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock Investment Expected Return A $ 4,000 11

8-04 Consider a $39,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock Investment Expected Return A $ 4,000 11 % B 5,000 6 C 30,000 19 What is the weighted-average expected return on the portfolio? Round your answer to one decimal place. %

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