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You invest $30000 in an S&P 500 index fund and $20000 in T-bills. You expect the index fund to return 15% over the next year
You invest $30000 in an S&P 500 index fund and $20000 in T-bills. You expect the index fund to return 15% over the next year and the current T-bill rate is 4% per year.
What is your expected portfolio return for the next year? (Keep two decimal places)
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