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You have $70,000. You put 20% of your money in a stock with an expected return of 10%, $35,000 in a stock with an expected

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You have $70,000. You put 20% of your money in a stock with an expected return of 10%, $35,000 in a stock with an expected return of 16%, and the rest in a stock with an expected return of 20%. What is the expected return of your portfolio? The expected return of your portfolio is %. (Round to two decimal places.)

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