You own a portfolio that is 35% invested in Stock X, 20% in Stock Y, and 45%

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You own a portfolio that is 35% invested in Stock X, 20% in Stock Y, and 45% in Stock Z. The expected returns on these three stocks are 9%, 17%, and 13%, respectively. What is the expected return on the portfolio?

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Fundamentals Of Corporate Finance

ISBN: 9781259654756

10th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan, Gordon Roberts, J. Ari Pandes, Thomas Holloway

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