Calculate the expected return of portfolio

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Reference no: EM131402200

Mary holds a portfolio with the following securities:

Security

Percent of Portfolio

Return


Stock A

38%

-6.4%


Stock B

20%

13.0%


Stock C

Please calculate it 

5.0%


Calculate the expected return of portfolio. Round the answers to two decimal places in percentage form.(Show work)

Reference no: EM131402200

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