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You own a portfolio that has $3,000 invested in Stock A and $3,500 invested in...

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Finance

You own a portfolio that has $3,000 invested in Stock A and $3,500 invested in Stock B. The expected returns on these stocks are 15 percent and 9 percent, respectively. What is the expected return on the portfolio?

Group of answer choices

10.50 percent

11.13 percent

10.82 percent

11.77 percent

10.06 percent

Answer & Explanation Solved by verified expert
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