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You have $68,000. You put 20% of your money in a stock with an expected return of 13%, $36,000 in a stock with an expected

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You have $68,000. You put 20% of your money in a stock with an expected return of 13%, $36,000 in a stock with an expected return of 14%, and the rest in a stock with an expected return of 18%. What is the expected return of your portfolio? The expected return of your portfolio is %. (Round to two decimal places.) Fremont Enterprises has an expected return of 16% and Laurelhurst News has an expected return of 19%. If you put 56% of your portfolio in Laurelhurst and 44% in Fremont, what is the expected return of your portfolio? The expected return on the portfolio is %. (Rounded to two decimal places.)

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