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Juliette's portfolio has 3 assets: 25% Amazon, 30% Google, and 45% Nike. Amazon has an expected return of 4%. Google has an expected return of

Juliette's portfolio has 3 assets: 25% Amazon, 30% Google, and 45% Nike.

Amazon has an expected return of 4%. Google has an expected return of 12%. Nike has an expected return of 7%. What is the expected portfolio return?

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