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The total value of your portfolio consists of approximately 6 5 % stock assets, 2 5 % bonds, and 1 0 % cash equivalents. Historical

The total value of your portfolio consists of approximately 65% stock assets, 25% bonds, and 10% cash equivalents. Historical returns have shown that stocks provide a return of 12%, bonds provide a return of 3.5%, and cash savings provide a return of 1.5%. What is the expected value of the return on this portfolio?

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