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Your portfolio has three asset classes. U.S. government T-bills account for 48% of the portfolio, large-company stocks constitute another 38%, and small-company stocks make up
Your portfolio has three asset classes. U.S. government T-bills account for 48% of the portfolio, large-company stocks constitute another 38%, and small-company stocks make up the remaining 14%. If the expected returns are 3.54% for the T-bills, 10.88% for thelarge-company stocks, and 15.91% for the small-company stocks, what is the expected return of the portfolio?
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