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A portfolio is entirely invested into Bruno's Gold Mining Equity, which is expected to return 18%, and Alfred's Inc. bonds, which are expected to return
A portfolio is entirely invested into Bruno's Gold Mining Equity, which is expected to return 18%, and Alfred's Inc. bonds, which are expected to return 6%. Three quarters of the funds are invested in Bruno's and the rest in Alfred's. What is the expected return on the portfolio?
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