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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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