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Carter has portfolio that has $3,278 invested in Stock X and $3,905 invested in Stock Y. If the expected returns on these stocks are 5

Carter has portfolio that has $3,278 invested in Stock X and $3,905 invested in Stock Y. If the expected returns on these stocks are 5 percent and 9 percent, respectively, what is the expected return on the portfolio (round 2 decimal)?

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