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You want to form a portfolio of three stocks, Netflix (expected return 39%), Nike (expected return 19%), and Nokia (expected return -17%). The weight of

You want to form a portfolio of three stocks, Netflix (expected return 39%), Nike (expected return 19%), and Nokia (expected return -17%). The weight of Netflix in the portfolio is 32%, and the weight of Nike is 10%. What is the expected return on this portfolio?

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