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You own a portfolio that is 38% invested in Stock X, 24% in Stock Y, and 38% in Stock Z. The expected returns on
You own a portfolio that is 38% invested in Stock X, 24% in Stock Y, and 38% in Stock Z. The expected returns on these three stocks are 12%, 18%, and 14%, respectively. What is the expected return on the portfolio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Portfolio expected return %
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan, Gordon Roberts, J. Ari Pandes, Thomas Holloway
10th Canadian Edition
1259654753, 9781259654756
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