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You own a portfolio that has $1,550 invested in Stock A and $3,250 invested in Stock B. If the expected returns on these stocks are

You own a portfolio that has $1,550 invested in Stock A and $3,250 invested in Stock B. If the expected returns on these stocks are 10 percent and 15 percent, respectively, what is the expected return on the portfolio?

a) 12.50%

b) 11.61%

c) 13.65%

d) 13.39%

e) 14.05%

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