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Stock Initial Price Final Price Number of Outstanding Shares Stock 1 $20 $23 5 million Stock 2 $40 $42 4 million Stock 3 $80 $70

Stock Initial Price Final Price Number of Outstanding Shares Stock 1 $20 $23 5 million Stock 2 $40 $42 4 million Stock 3 $80 $70 2 million Compute the rate of return for each of the following portfolios: (a) Price weighted (b) Value weighted (c) Equal weighted

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