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A portfolio consists of $200,000 in Treasury bills that yield 4%; $150,000 in ABC stock with an expected return of 7%; and $50,000 in XYZ

A portfolio consists of $200,000 in Treasury bills that yield 4%; $150,000 in ABC stock with an expected return of 7%; and $50,000 in XYZ stock with an expected return of 15%. What is the expected return for this $400,000 portfolio? Show your calculations.

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