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An investor owns a portfolio of $40,500 that contains $10,125 in stock A, with an expected return of 11.5 percent; $13,500 in bonds, with an
An investor owns a portfolio of $40,500 that contains $10,125 in stock A, with an expected return of 11.5 percent; $13,500 in bonds, with an expected return of 7.5 percent; and the rest in stock B, with an expected return of 19.5 percent.
Calculate the expected return of the portfolio.(Round intermediate calculations and the final answer to 2 decimal places, e.g. 15.25%.)
Expected return
%
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