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You own a portfolio of two stocks, X and Y. Stock X is valued at $4,000 and has an expected return of 12 percent. Stock

You own a portfolio of two stocks, X and Y. Stock X is valued at $4,000 and has an expected return of 12 percent. Stock Y has an expected return of 18 percent. What is the expected return on the portfolio if the portfolio total value is $6,000?

15 percent

13 percent

14 percent

16 percent

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