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Suppose you invested $ 1 0 , 0 0 0 in this group of mutual funds and diversified the investment by placing $ 2 ,

Suppose you invested $

10, 000

in this group of mutual funds and diversified the investment by placing $

2, 000

in domestic equity funds, $

4000

in international equity funds, $

3000

in specialty stock funds, and $

1000

in hybrid funds. What is the expexted return on the portfolio?

(

2

decimals

)

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