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Given the following information, calculate the expected return for the portfolio of stocks A and B. (Answer to the nearest tenth of a percent, but
Given the following information, calculate the expected return for the portfolio of stocks A and B. (Answer to the nearest tenth of a percent, but do not use a percent sign).
|
| Amount | Expected |
|
| Invested | Return |
|
|
|
|
| Stock A | $2,000 | 13% |
| Stock B | $7,000 | 16% |
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