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You own a portfolio that has $3,200 invested in Stock A and $4,300 Invested in Stock B. Assume the expected returns on these stocks
You own a portfolio that has $3,200 invested in Stock A and $4,300 Invested in Stock B. Assume the expected returns on these stocks are 12 percent and 18 percent, respectively. What is the expected return on the portfolio? Note: 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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