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A portfolio has $80,000 invested in a stock with an expected return of 11% and $115,000 invested in a stock with an expected return of
A portfolio has $80,000 invested in a stock with an expected return of 11% and $115,000 invested in a stock with an expected return of 12%. What is the expected return for this portfolio? Note: Your answer must be given in percentage terms and accurate to within 0.01%.
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