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What is the expected return of a stock portfolio that consists of a long position of $10,000 in Wal-Mart stock with an expected return of
What is the expected return of a stock portfolio that consists of a long position of $10,000 in Wal-Mart stock with an expected return of 16% and a short position of $2,000 in Microsoft stock with an expected return of 10% a) 13.5% b) 15.5% c) 16.5% d) 17.5% e) None of the above
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