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You have $61,000. You put 25% of your money in a stock with an expected return of 11%,$36,000 in a stock with an expected return
You have $61,000. You put 25% of your money in a stock with an expected return of 11%,$36,000 in a stock with an expected return of 13%, and the rest in a stock with an expected return of 21%. What is the expected return of your portfolio? The expected return of your portfolio is \%. (Round to two decimal places.)
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