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Jack holds a portfolio with the following securities: Security Investment Return Stock A 813,091 -5.1% Stock B 110,206 13.6% Stock C 455,874 5.9% Calculate the
Jack holds a portfolio with the following securities:
| Security | Investment | Return |
|---|---|---|
| Stock A | 813,091 | -5.1% |
| Stock B | 110,206 | 13.6% |
| Stock C | 455,874 | 5.9% |
Calculate the expected return of portfolio. Round the answers to two decimal places in percentage form.
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Financial Management Theory And Practice
Authors: Eugene F Brigham, Michael C Ehrhardt
11th Edition
0324259689, 9780324259681
