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  3. you have $51,000. you put 15% of your money in a s

You have $51,000. You put 15% of your money in a stock with an expected...

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You have $51,000. You put 15% of your money in a stock with an expected return of 13%,$37,000 in a stock wich an expected retum of 16%, and the rest in a slock with an axpected retarn of 20% s. What is the expected retum of your portfolio? The expected retum of your porttolio is (Round to two decimal places.)

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