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Calculate the expected return on a portfolio that contains 30% of a stock with an expected return of -4% and 70% of a stock with

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Calculate the expected return on a portfolio that contains 30% of a stock with an expected return of -4% and 70% of a stock with an expected return of 7%. (Enter your answer as a percentage rounded to 2 decimal places. For example, enter 1.53% instead of .0153.) Your Answer: Answer units

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