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A portfolio consists of assets with the following expected returns: table [ [ Technology stocks, 2 6 % A portfolio consists of assets with

A portfolio consists of assets with the following expected returns:
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A portfolio consists of assets with the following expected returns: Technology stocks Pharmaceutical stocks Utility stocks Savings account 17 11 What is the expected return on the portfolio if the investor puts 55 percent of available funds in technology stocks, 13 percent in pharmaceutical stocks, 13 percent in utility stocks, and 19 percent in the savings account? Round your answer to two decimal places. o type your answer... o

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