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Suppose you have a two-stock portfolio consisting of Apple and Tesla stock. The portfolio weight of Apple is 25% and the rest is Tesla (Hint:

Suppose you have a two-stock portfolio consisting of Apple and Tesla stock. The portfolio weight of Apple is 25% and the rest is Tesla (Hint: weights must add up to 100%). If Apple earns 3% and Tesla earns 5% over the next month, what will be your portfolio return? Answer in percent, rounded to one decimal place.

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