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Refer to the table below showing the returns of Stocks A and B. Calculate the expected return of a portfolio that is created by investing
Refer to the table below showing the returns of Stocks A and B. Calculate the expected return of a portfolio that is created by investing $300,000 in Stock A and $700,000 in Stock B.
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A. | 13.5 percent | |
B. | 14.1 percent | |
C. | 12.9 percent | |
D. | 15.0 percent |
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