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You own a portfolio that has $3,000 invested in Stock A and $4,100 invested in Stock B. Assume the expected returns on these stocks are

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You own a portfolio that has $3,000 invested in Stock A and $4,100 invested in Stock B. Assume the expected returns on these stocks are 10 percent and 16 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, e.g.. 32.16.) Expected return %

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