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You have a portfolio worth $83,500 that has an expected return of 11.1 percent. The portfolio has $17,700 invested in Stock O, $25,500 invested in

You have a portfolio worth $83,500 that has an expected return of 11.1 percent. The portfolio has $17,700 invested in Stock O, $25,500 invested in Stock P, with the remainder in Stock Q. The expected return on Stock O is 15.4 percent and the expected return on Stock P is 12.1 percent. What is the expected return on Stock Q?

  • 9.36%

  • 12.87%

  • 10.01%

  • 8.58%

  • 11.10%

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