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Today is February 24, 2014. You have determined the following information regarding the returns of Tourism and Taxi companies are correct. You will invest 60

Today is February 24, 2014. You have determined the following information regarding the returns of Tourism and Taxi companies are correct. You will invest 60 percent of your funds in the Tourism company and 40 percent of your funds in the Taxi company. Using the techniques we discussed in class, what is the historical average return on this portfolio?

Year Return on Tourism Return on Taxi

2012 10% 50%

2013 10% 10%

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