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A portfolio consists of $15,800 in Stock M and $24,900 invested in Stock N. The expected return on these stocks is 9.20 percent and 12.80

A portfolio consists of $15,800 in Stock M and $24,900 invested in Stock N. The expected return on these stocks is 9.20 percent and 12.80 percent, respectively. What is the expected return on the portfolio?

Multiple Choice

9.71%

11.40%

11.00%

12.10%

10.60%

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