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Portfolio Expected Return Given the following information, calculate the expected return for the portfolio of stocks A and B. Amount Invested Expected Return Stock A

Portfolio Expected Return

Given the following information, calculate the expected return for the portfolio of stocks A and B.

Amount Invested Expected Return
Stock A $4,000 13%
Stock B $2,000

18%

The correct answer is 14.7%. Show step by step how I arrive at this answer.

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