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A portfolio is entirely invested into Buzz's Bauxite Boring equity, which is expected to return 1 6 % , and Zum's Inc. bonds, which are

A portfolio is entirely invested into Buzz's Bauxite Boring equity, which is expected to return 16%, and Zum's Inc. bonds, which are expected to return 8%.60% of the funds are invested in Buzz's and the rest in Zum's. What is the expected return on the portfolio?
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