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You are holding a portfolio that contains both a stock and a bond. The bond constitutes 3 0 % of the value of your portfolio,

You are holding a portfolio that contains both a stock and a bond. The bond constitutes 30% of the value of your portfolio, while the stock makes up the other 70%. The bond has a yield to maturity of 6% and pays annual coupons. The stock has an annual dividend yield of 11%, and it is expected that the dividend will remain constant over time, with zero growth. If yields to maturity remain constant, and stock prices and dividends evolve as expected, what would be the total annual return that you'd expect on your portfolio this year (including both dividend/interest income and capital gains)?

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