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Question 1 1 pts Your portfolio is invested 35 percent in Stock X, 20 percent in Stock Y, and 45 percent in Stock Z. The
Question 1 1 pts Your portfolio is invested 35 percent in Stock X, 20 percent in Stock Y, and 45 percent in Stock Z. The expected returns on these three stocks are 9 percent, 15 percent, and 12 percent, respectively. What is the expected return of your portfolio? Hint: the expected value portfolio return is the weighted average return of the components comprising the portfolio. Do not round intermediate calculations. Round your answer to 3 decimal places. Do not represent your answer as a percent. IE: write 0.315 instead of 31.5%
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