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Question 15 4 pts You own a portfolio that is invested 32 percent in Stock A, 40 percent in Stock B, and the remainder in
Question 15 4 pts You own a portfolio that is invested 32 percent in Stock A, 40 percent in Stock B, and the remainder in Stock C. The expected returns on stocks A, B, and C are 11.5 percent, 15.0 percent, and 9.0 percent, respectively. What is the expected return on the portfolio? (Type your answer as a percent, e.g. "10.50" for 10.5%)
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