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Refer to the following information: ----------------------------------------------------------------------------------- Probability A B C ----------------------------------------------------------------------------------- 0.4 10% 18% 8% 0.6 22% 14% 30% ----------------------------------------------------------------------------------- We will invest 30% of

Refer to the following information:

-----------------------------------------------------------------------------------

Probability A B C

-----------------------------------------------------------------------------------

0.4 10% 18% 8%

0.6 22% 14% 30%

-----------------------------------------------------------------------------------

We will invest 30% of your initial investment in Stock A, 30% in Stock B and 40% in Stock C. 27. The expected rate of return for the portfolio is:

a. 17.2%. b. 15.6%. c. 21.2%. d. 18.32%. 28.

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