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Lahm owns three stocks. Stock 1 has an expected return of 30 percent, and the investor owns $27,000 worth of the stock. He also owns
Lahm owns three stocks. Stock 1 has an expected return of 30 percent, and the investor owns $27,000 worth of the stock. He also owns $17,000 of stock 2, which has an expected return of 15 percent. The expected return on his $12,000 worth of stock 3 is 13 percent. What is the expected return on her portfolio?
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