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You form a 2-stock portfolio by purchasing $16,000 of Stock A and $4,000 of Stock B. If Stock A and Stock B have returns of
You form a 2-stock portfolio by purchasing $16,000 of Stock A and $4,000 of Stock B. If Stock A and Stock B have returns of 16.0% and 6.0%, respectively, over the next year and neither stock pays a dividend, what the dollar value of your portfolio at the end of the year? Round your answer to the nearest dollar. Type your answer...
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