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Stock A has an expected return of 0.22 per year and stock B has an expected return of 0.16. If the portfolio weight of
Stock A has an expected return of 0.22 per year and stock B has an expected return of 0.16. If the portfolio weight of A is 0.55, and the remainder is in stock B, what is the expected return on the portfolio of stock A and stock B? Calculate your answer in decimal form, precise to four digits after the comma.
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