Your investment portfolio has 20,000 shares of Fairfax Paint, which has an expected return of 5.47 percent and a price of 6 dollars per share, and 30,000 shares of Litchfield Design, which has a price of 3.6 dollars per share. If your portfolio has an expected return of 9.73 percent, then what is the expected return for Litchfield Design? 

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The expected return for Litchfield Design can be calculated using the following steps Calculate the ... View the full answer