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A portfolio consists of $16,600 in Stock M and $26,900 invested in Stock N. The expected return on these stocks is 9.60 percent and 13.20

A portfolio consists of $16,600 in Stock M and $26,900 invested in Stock N. The expected return on these stocks is 9.60 percent and 13.20 percent, respectively. What is the expected return on the portfolio? 12.51% (B) 11.83% (C) 11.40% (D) 10.06%

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