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You have $61,000. You put 17% of your money in a stock with an expected return of 14%, $31,000 in a stock with an expected
You have
$61,000.
You put
17%
of your money in a stock with an expected return of
14%,
$31,000
in a stock with an expected return of
13%,
and the rest in a stock with an expected return of
22%.
What is the expected return of your portfolio?
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