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eBook Problem 8-04 Consider a $42,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock Investment Expected Return A $

eBook Problem 8-04 Consider a $42,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock Investment Expected Return A $ 7,000 10 % B 15,000 6 C 20,000 20 What is the weighted-average expected return on the portfolio? Round your answer to one decimal place. %

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