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John has four stocks in his retirement portfolio. The current market price and number of shares invested is given in the following table. Calculate the

John has four stocks in his retirement portfolio. The current market price and number of shares invested is given in the following table. Calculate the rate of return on the following portfolio. (Hint: First calculate the weight of each stock value as a percentage of total dollar investment) STOCK Number of Shares Price per Share Expected Return A 400 $24 13.6% B 300 $13 14.8% C 100

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