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What is the expected return on the portfolio

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You own a portfolio that has $2,100 invested in Stock A and $3,200 invested in Stock B. Assume the expected returns on these stocks are 11 percent and 17 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 %

Reference no: EM131947654

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