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Mateo Hernndez. would like to know the expected return on his portfolio. He owns 5 shares of ABC Inc. with a total current market value
Mateo Hernndez. would like to know the expected return on his portfolio. He owns 5 shares of ABC Inc. with a total current market value of $2,300; 10 shares of DEF with a totaly market value of $4,725, and 7 shares of XYZ with a total market value of $6,850. Mateo expects a total return of 28%, 8% and 13% respectively, on the investments. What is the overall weighted average expected return on Mateo's portfolio? O 16.3% 14.1% 13.8% 15.6%
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