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A portfolio is invested 15 percent in Stock G, 60 percent in Stock J, and 25 percent in Stock K. The expected returns on these
A portfolio is invested 15 percent in Stock G, 60 percent in Stock J, and 25 percent in Stock K. The expected returns on these stocks are 11 percent, 21 percent, and 31 percent, respectively. What is the portfolio's expected return? Multiple Choice 23.10% 22.88% 20.90% 22.00% 16.80%
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