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A portfolio has 100 shares of shares of Stock A that sell for $20 per share and 120 shares of stock B that sell for
A portfolio has 100 shares of shares of Stock A that sell for $20 per share and 120 shares of stock B that sell for $30 per share. If the expected returns on Stock A and B are 5% and 10%, respectively, what is the expected return on the portfolio?
Multiple Choice
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1.8%
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8.2%
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6.8%
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35.7%
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