You own a portfolio that has $3-200 invested In Stock A and $4-300 inv.docx

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You own a portfolio that has $3 , 200 invested In Stock A and $4 , 300 invested in Stock B . Assume the expected returns on these stocks are 12 percent and 18 percent, respectlvely. 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.) .

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