You have $55,000. You put 22% of your money in a stock with an expected return of
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You have $55,000. You put 22% of your money in a stock with an expected return of 15%, $33,000 in a stock with an expected return of 14%, and the rest in a stock with an expected return of 19%. What is the expected return of your portfolio?
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Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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