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A portfolio is invested 15 percent in Stock A, 35 percent in Stock B, and 50 percent in Stock C. The expected returns on these
A portfolio is invested 15 percent in Stock A, 35 percent in Stock B, and 50 percent in Stock C. The expected returns on these stocks are 6 percent, 8 percent, and 11 percent, respectively. What is the portfolio's expected retum? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, eg, 32.16.) Multiple Choice O 10,75% 9.20% 10.10% 9.85%
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