Question: Question 3 ( 1 point ) In order to fund her retirement, Michele requires a portfolio with an expected return of 0 . 1 1
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In order to fund her retirement, Michele requires a portfolio with an expected return of per year over the next years. She has decided to invest in Stocks and with percent in Stock percent in Stock and percent in Stock If Stocks and have expected returns of and per year, respectively, then what is the minimum expected annual return for Stock that will enable Michele to achieve her investment requirement? Round to two decimal places.
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