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You have $69,000. You put 19% of your money in a stock with an expected return of 13%, $39,000 in a stock with an expected

You have

$69,000.

You put

19%

of your money in a stock with an expected return of

13%,

$39,000

in a stock with an expected return of

18%,

and the rest in a stock with an expected return of

21%.

What is the expected return of your portfolio?

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