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You invested $4,500 in a portfolio with an expected return of 12 percent and $5,500 in a portfolio with an expected return of 15 percent.
You invested $4,500 in a portfolio with an expected return of 12 percent and $5,500 in a portfolio with an expected return of 15 percent. What is the expected return of the combined portfolio?
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
