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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?
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9.36%
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12.87%
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10.01%
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8.58%
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11.10%
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