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Portfolio Expected Return. You own a portfolio that is 20 percent invested in Stock X, 45 percent in Stock Y, and 35 percent in Stock
Portfolio Expected Return. You own a portfolio that is 20 percent invested in Stock X, 45 percent in Stock Y, and 35 percent in Stock Z. The expected returns on these three stocks are 10 percent, 14 percent, and 16 percent, respectively. What is the expected return on the portfolio?
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