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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 $4,000 13% Stock B $2,000 18% Selected Answer: Incorrect [None Given] Correct Answer: Correct 14.7 0.1 please explain how the answer is 14.7?
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