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You invested $3,600 in Stock Arbuckle & $4,600 in Stock Roscoe. The expected returns on these stocks are 10% and 13%, respectively. Calculate the expected

You invested $3,600 in Stock Arbuckle & $4,600 in Stock Roscoe. The expected returns on these stocks are 10% and 13%, respectively. Calculate the expected return on the portfolio.

(do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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