Question: 1 Problem 13-3 Portfolio Expected Return (L01) You own a portfolio that is 30% invested in Stock X, 25% in Stock Y, and 45% in

1 Problem 13-3 Portfolio Expected Return (L01)
1 Problem 13-3 Portfolio Expected Return (L01) You own a portfolio that is 30% invested in Stock X, 25% in Stock Y, and 45% in Stock 2. The expected returns on these three stocks are 9%, 18%, and 14%, respectively' What is the expected return on the portfolio? (Do not round intermediate calculations. Round the I0 final answer to 2 decimal places.) ooints Portfolio expected return %

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