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You own a portfolio that has $1,800 invested in Stock A and $2,900 invested in Stock B. Assume the expected returns on these stocks are

You own a portfolio that has $1,800 invested in Stock A and $2,900 invested in Stock B. Assume the expected returns on these stocks are 9 percent and 15 percent, respectively.What is the expected return on the portfolio?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimalplaces, e.g., 32.16.)

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