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What was the expected return of the portfolio

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Reference no: EM132816850

Question - A portfolio holds a $20,000 investment in ABC stock, a $10,000 investment in DEF stock and a $5,000 investment in XYZ stock. The annual returns for each stock were as follows: ABC 5%; DEF 8%; XYZ 20%. What was the expected return of the portfolio?

Reference no: EM132816850

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