Calculate expected return of portfolio

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Reference no: EM131452768

Mary holds a portfolio with the following securities:

Security                  Percent of portfolio                 Return

Stock A                    30%                                       -6.4%

Stock B                     20%                                        13.0%

Stock C                   Please calculate it                     5.0%

Calculate the expected return of portfolio. Round the answer to two decimal places in percentage form.

Reference no: EM131452768

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