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A portfolio is invested 15 percent in Stock G, 60 percent in Stock J and 25 percent in Stock K. The expected returns on these stocks are 12 percent 18 percent and 23 percent

A portfolio is invested 15 percent in Stock G, 60 percent in Stock J, and 25 percent in Stock K. The expected returns on these stocks are 12 percent, 18 percent, and 23 percent, respectively. What is the portfolio's expected return?

Multiple Choice

  • 19.27%

  • 19.08%

  • 14.13%

  • 18.35%

  • 17.43%

Sep 01 2020 View more View Less

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