Find out the expected return of brokerage account

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You hold 100 shares of MSFT, 200 shares of IBM, and 200 shares of AAPL in your brokerage account. The current price of the stocks are: $40/share for MSFT, $120/share for IBM, and $100/share for AAPL. The expected returns of the three stocks are: 12% for MSFT, 8% for IBM, and 15% for AAPL. Find out the expected return of your brokerage account.

Reference no: EM132509530

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