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eBook Problem 8-03 A portfolio consists of assets with the following expected returns: Technology stocks 35% Pharmaceuticalstocks 12 Utility stocks Savings account a. What is
eBook Problem 8-03 A portfolio consists of assets with the following expected returns: Technology stocks 35% Pharmaceuticalstocks 12 Utility stocks Savings account a. What is the expected return on the portfolio of the investor spends an equal amount on each asut Round your answer to two decimal places b. What is the expected return on the portfolio if the investor puts 51 percent of available funds in technology stocks 13 percent in pharmaceutical stocks, 18 percent in utility stocks, and 18 percent in the savings account? Round your answer to two decimal places 96
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