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Your portfolio has an expected return of 21.1%. The portfolio includes two stocks. The first stock has a weight of 0.60 and the second has
Your portfolio has an expected return of 21.1%. The portfolio includes two stocks. The first stock has a weight of 0.60 and the second has a weight of 0.40. If the expected return on the first stock is 30%, then what is the expected return on the second stock in percentage terms?
Express you answer in percentage terms and round to two decimal places (i.e. X.YY)
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