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You have $70, 000. You put 25% of your money in a stock with an expected return of 10%, $37, 000 in a stock with
You have $70, 000. You put 25% of your money in a stock with an expected return of 10%, $37, 000 in a stock with an expected return of 14%, and the rest in a stock with an expected return of 22%. What is the expected return of your portfolio?
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