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You own a portfolio that has $2,450 invested in stock A and $3,350 invested in stock Z. If the expected returns on these stocks are
You own a portfolio that has $2,450 invested in stock A and $3,350 invested in stock Z. If the expected returns on these stocks are 8% percent and 10% percent respectively, what is the expected return on the portfolio?
Stock A $ value$2,450
Stock AE(R)8.00%
Stock Z $ value$3,350
Stock ZE(R)10.00%
9.62%
8.38%
9.16%
10.40%
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