Question: 4. Problem 8-04 eBook Problem 8-04 Consider a $63,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock Investment Expected

 4. Problem 8-04 eBook Problem 8-04 Consider a $63,000 portfolio consisting

4. Problem 8-04 eBook Problem 8-04 Consider a $63,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock Investment Expected Return A 15% B $ 8,000 5,000 50,000 4 18 What is the weighted average expected return on the portfolio? Round your answer to one decimal place. %

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