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A portfolio consists of the following four stocks. Current Expected Stock Market Value (unit in million) Return A $18 7% B $12 10% C $11

A portfolio consists of the following four stocks. Current Expected Stock Market Value (unit in million) Return A $18 7% B $12 10% C $11 12% D $16 5% What is the expected return of the portfolio? a. 9.90 % b. 8.04% b. 9.26 % c. 8.35 % d. 10.82%

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