Expected return on the portfolio

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You own a portfolio that has $2,150 invested in Stock A and $3,050 invested in Stock B. If the expected returns on these stocks are 8 percent and 16 percent, respectively, what is the expected return on the portfolio? (Do not round your intermediate calculations.)

11.31%

12.69%

12.00%

13.33%

12.95%

Reference no: EM131041985

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