An investor invests $4000 to buy 200 shares of Sand Corporation, which has an expected...
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An investor invests $4000 to buy 200 shares of Sand Corporation, which has an expected return of 12%; $5000 to buy 300 shares of Water Corporation, with an expected return of 13%; and $6000 to buy 400 shares in Beach Corporation, with an expected return of 15%. What is the expected return on this portfolio? O 13.3% 13.0% O 13.5% 13.3%
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