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You have $70,000. You put 21% of your money in a stock with an expected return of 14%, $34,000 in a stock with an expected
You have $70,000. You put 21% of your money in a stock with an expected return of 14%, $34,000 in a stock with an expected return of 13%, and the rest in a stock with an expected return of 21%.
What is the expected return of your portfolio?
The expected return of your portfolio is enter your response here%. (Round to two decimal places.)
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