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You have $68,000. You put 16% of your money in a stock with an expected return of 11%, $39,000 in a stock with an expected
You have $68,000. You put 16% of your money in a stock with an expected return of 11%, $39,000 in a stock with an expected return of 17%, and the rest in a stock with an expected return of 19%. What is the expected return of your portfolio? The expected return of your portfolio is%. (Round to two decimal places.)
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