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Consider a $28,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock A B Investment $3,000 15,000 10,000 Expected Return
Consider a $28,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock A B Investment $3,000 15,000 10,000 Expected Return 15% 4 10 What is the weighted-average expected return on the portfolio? Round your answer to one decimal place. %
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