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You have $66,000. You put 18% of your money in a stock with an expected return of 15%, $33,000 in a stock with an expected
You have
$66,000.
You put
18%
of your money in a stock with an expected return of
15%,
$33,000
in a stock with an expected return of
18%,
and the rest in a stock with an expected return of
22%.
What is the expected return of your portfolio?
The expected return of your portfolio is
nothing%.
(Round to two decimal places.)
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