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Michael created a portfolio consisting of Stock A and Stock B. He invested $1,343 in Stock A and $2,407 in stock B. The expected return
Michael created a portfolio consisting of Stock A and Stock B. He invested $1,343 in Stock A and $2,407 in stock B. The expected return of Stock A is 2% and the expected return of Stock B is 28%. What is Michaels portfolio expected return? Round your answer in percentage to two decimals. For example, "5.02%" should be entered as "5.02".
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