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Stock A has a standard deviation of 22% and an expected return of 12%. Stock B has a standard deviation of 25% and an expected

Stock A has a standard deviation of 22% and an expected return of 12%. Stock B has a standard deviation of 25% and an expected return of 10%. Jami's fund is a simple investment product that consist of 60% Stock A and 40% Stock B. Calculate the expected return of Jami's fund. Choose the best answer.

a.13.2%

b.11.2%

c.11.6%

d.8.6%

e.10.8%

f.more information is needed

**Please NO Excel, please show all work.

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