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You own a portfolio that comprises 2 assets: 1,000 shares of company X each valued at $5 with an expected return of8% pa 1,500 shares

You own a portfolio that comprises 2 assets:

  • 1,000 shares of company X each valued at $5 with an expected return of8% pa
  • 1,500 shares of company Y each valued at $2 with an expected return of12% pa

Calculate the expected return of the portfolio. Give your answer as a percentage per annum to 1 decimal place.

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