What is the weighted-average expected return

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Problem:

Consider a $58,000 portfolio consisting of three stocks. Their values and expected returns are as follows:

Stock

Investment

Expected Return

A

$ 8,000

6%

B

15,000

6

C

35,000

12

What is the weighted-average expected return on the portfolio? Round your answer to one decimal place.

Reference no: EM133205343

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