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Jack holds a portfolio with the following securities: Stock A 789,925 10.4% Stock B 356,692 16.4% Stock C 290,772 9.3% Calculate the expected return of
Jack holds a portfolio with the following securities:
| Stock A | 789,925 | 10.4% |
| Stock B | 356,692 | 16.4% |
| Stock C | 290,772 | 9.3% |
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
16th edition
1337902608, 978-1337902601
