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Calculate the expected return on the following portfolio: Amount invested in Stock x = 3 0 % of portfolio total value Amount invested in Stock

Calculate the expected return on the following portfolio:
Amount invested in Stock x=30% of portfolio total value
Amount invested in Stock Y=20% of portfolio total value
Amount invested in Stock Z=50% of portfolio total value
Expected return of Stock x=9%
Expected return of Stock Y=12%
Expected return of Stock Z=8%
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