What is the expected return on the portfolio

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Problem 1: A portfolio consists of $16,200 in Stock M and $25,900 invested in Stock N. The expected return on these stocks is 9.40 percent and 13.10 percent, respectively. What is the expected return on the portfolio?

Option 1: 12.39%

Option 2: 11.68%

Option 3: 9.92%

Option 4: 11.25%

Option 5: 10.82%

Reference no: EM132469912

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