You own a portfolio that has $1,700 invested in Stock A and $2,800 invested in...
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You own a portfolio that has $1,700 invested in Stock A and $2,800 invested in Stock B. Assume the expected returns on these stocks are 12 percent and 18 percent, respectively. What is the expected return on the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return on the portfolio
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