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MC algo 11-5 Portfolio Expected Return A portfolio consists of $16,800 in Stock M and $27,400 invested in Stock N. The expected return on these

image text in transcribed MC algo 11-5 Portfolio Expected Return A portfolio consists of $16,800 in Stock M and $27,400 invested in Stock N. The expected return on these stocks is 9.70 percent and 13.30 percent, respectively. What is the expected return on the portfolio? Multiple Choice 12.62% 11.07% 11.50% 11.93%

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