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You own a portfolio that has $18,000 invested in Stock A and $15,000 invested in Stock B. The expected returns on these stocks are 14.6

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You own a portfolio that has $18,000 invested in Stock A and $15,000 invested in Stock B. The expected returns on these stocks are 14.6 percent and 11.4 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 decimal places, 9.32.16.)

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