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Suppose that you invested $ 4 0 0 , 0 0 0 in U . S Rubber, $ 6 0 0 , 0 0 0

Suppose that you invested $400,000 in U.S Rubber, $600,000 in Sony, and $1,000,000 in JVC. Sony is expected to earn 18% and JVC is expected to earn 12%. What is the expected return of your portfolio?

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