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You own a portfolio that has $2,000 invested in stock A and $4,000 invested in stock B. The expected returns on these stocks are 13.5%

You own a portfolio that has $2,000 invested in stock A and $4,000 invested in stock B. The expected returns on these stocks are 13.5% and 7.5%, respectively.

What is the expected return on the portfolio, E(Rp)? Round the answer up to two decimal places (e.g., 3.82(%))

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