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Calculate the rate of return on the following portfolio. (Hint: First calculate the weight of each stock value as a percentage of total dollar investment)

Calculate the rate of return on the following portfolio. (Hint: First calculate the weight of each stock value as a percentage of total dollar investment)

STOCK Number of Shares Price per Share Expected Return
A 400 $24 13.6%
B 300 $13 14.8%
C 100 $33 7.4%
D 100 $54 2.1%

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