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You own a portfolio that is invested 30% in Share KK, 30% in Share NN and 40% in Share ZZ. The expected returns on these
You own a portfolio that is invested 30% in Share KK, 30% in Share NN and 40% in Share ZZ. The expected returns on these three shares are 9%, 15% and 12%, respectively. What is the expected return on the portfolio?
a.
14%
b.
10%
c.
11%
d.
12%
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