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Adam invests $5,500 in AAA stock, $7,000 in BBB stock, and $7,500 in CCC stock. AAA, BBB, and CCC have expected returns of 12%, 8.5%
Adam invests $5,500 in AAA stock, $7,000 in BBB stock, and $7,500 in CCC stock. AAA, BBB, and CCC have expected returns of 12%, 8.5% and 7.3%, respectively. What is Adam's weighted after tax return assuming he is in the 33% (combined federal and state) marginal tax bracket? Show work using Excel.
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