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You own a portfolio that has 40 shares of Stock A currently priced at $45 each and 80 shares of Stock B currently priced at
You own a portfolio that has 40 shares of Stock A currently priced at $45 each and 80 shares of Stock B currently priced at $21 each. If the expected returns on these stocks are 8 percent for A and 11 percent for B, respectively, what is the expected return on the portfolio?
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