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Your investment portfolio has 9 , 0 0 0 shares of Ball Hawks, which has an expected return of 7 . 0 0 percent and

Your investment portfolio has 9,000 shares of Ball Hawks, which has an expected return of 7.00 percent and a price of $3.09 per share, and 6,000 shares of stock A, which has a price of $7.84 per share. If your portfolio has an expected return of 12.90 percent, then what is the expected return for stock A?
9.40%(plus or minus 4 bps)
16.39%(plus or minus 4bps)
5.90%(plus or minus 4bps)
8.76%(plus or minus 4bps)
None of the above is within 4 bps of the correct answer
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