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You form a portfolio of stocks. Jerry Stock has an expected return of 8.1%, Bob Stock has an expected return of 8.5%, and Phil Stock

You form a portfolio of stocks. Jerry Stock has an expected return of 8.1%, Bob Stock has an expected return of 8.5%, and Phil Stock has an expected return of 1.9%. If 7% of your portfolio is invested in Jerry Stock, and 20% of your stock is invested in Phil Stock, what is your expected portfolio return?

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