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You have the following information about your stock portfolio. You own 5 ,000 shares of Stock A which sells for $ 17 with an expected
You have the following information about your stock portfolio.
You own 5 ,000 shares of Stock A which sells for $ 17 with an expected return of 7 %.
You own 2,000 shares of Stock B which sells for $10 with an expected return of 6%.
You own 4,000 shares of Stock C which sells for $12 with an expected return of 9%.
You own 9 ,000 shares of Stock D which sells for $ 11 with an expected return of 16 %.
What is the expected return on your portfolio? Show your answer to the nearest .01%.
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