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You have $1,000 to make investments, which will allocate $350 in stock X, $200 in stock Y, and the rest in stock Z. The expected

You have $1,000 to make investments, which will allocate $350 in stock X, $200 in stock Y, and the rest in stock Z. The expected returns of these stocks are 8 percent, 16 percent, and 10 percent, respectively. What is the expected return of the portfolio?

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