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You have $64,000. You put 23% of your money in a stock with an expected return of 14%, $32,000 in a stock with an expected
You have $64,000. You put 23% of your money in a stock with an expected return of 14%, $32,000 in a stock with an expected return of 15%, and the rest in a stock with an expected return of 22%. What is the expected return of your portfolio?
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