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Kalana owns a portfolio comprising of 1,700 shares of Stock X, 3,100 shares of Stock Y, and 1,000 shares of Stock Z. The current shares
Kalana owns a portfolio comprising of 1,700 shares of Stock X, 3,100 shares of Stock Y, and 1,000 shares of Stock Z. The current shares prices of Stocks X, Y and Z are $13.47, $63.71, and $34.95, respectively. Their respective expected returns are a loss of 5 percent, a galn of 8.5 percent, and a gain of 3.5 percent. What is the expected return of Kalana's portfolio? Multiple Choice 10.28% O 3.68% O 7.5% 2.33% 6.61%
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