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Michael created a portfolio consisting of Stock A and Stock B. He invested $3,593 in Stock. A and $4,637 in stock B. The expected return
Michael created a portfolio consisting of Stock A and Stock B. He invested $3,593 in Stock. A and $4,637 in stock B. The expected return of Stock A is 8% and the expected return of Stock B is 23\%. What is Michacis portfolio expected return? Round your answer in percentage to two decimals. For example, 5.02% " should be entered as "5.02". Type your
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