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You own a portfolio that is invested 38% in Stock A, 43% in Stock B, and the remainder in Stock C. The expected returns on
You own a portfolio that is invested 38% in Stock A, 43% in Stock B, and the remainder in Stock C. The expected returns on these stocks are 10.9%, 15.4%, and 9.1%, repectively. What is the expected return on the portfolio? a. 10.55% b. 11.02% c. 11.67%
d. 12.49% e. 13.05%
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