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Consider a $39,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock A Investment $ 4,000 20,000 15,000 Expected Return

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Consider a $39,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock A Investment $ 4,000 20,000 15,000 Expected Return 14% 4 25 B What is the weighted average expected return on the portfolio? Round your answer to one decimal place. %

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