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You own a portfolio that is invested 50 percent in stock a

You own a portfolio that is invested 50 percent in stock A, 15 percent in stock B, and the remainder in stock C. The expected returns on these stocks are 14.45 percent, 15.6 percent, and 12.33 percent, respectively. What is the expected return on the portfolio?

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Financial Management: You own a portfolio that is invested 50 percent in stock a

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