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You own a portfolio that is 50 percent invested in Stock X, 30 percent in Stock Y, and 20 percent in Stock Z. The returns
You own a portfolio that is 50 percent invested in Stock X, 30 percent in Stock Y, and 20 percent in Stock Z. The returns on these three stocks are 10 percent, 18 percent and 13 percent, respectively. What is the return on the portfolio?
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