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(b) You own a portfolio that comprise 2 assets: 1,000 shares of company X each value at RM5 with an expected return of 8 percent

(b) You own a portfolio that comprise 2 assets: 1,000 shares of company X each value at RM5 with an expected return of 8 percent per annum. 1,500 shares of company Y each value at RM2 with an expected return of 12 percent per annum Calculate the expected return of the portfolio. Give your answer as a percentage per annum.

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