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A portfolio is invested 12 percent in Stock G, 54 percent in Stock J, and 34 percent in Stock K. The expected returns on these

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A portfolio is invested 12 percent in Stock G, 54 percent in Stock J, and 34 percent in Stock K. The expected returns on these stocks are 7 percent, 13 percent, and 18 percent, respectively. What is the portfolio's expected return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return %

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