You have $65,000. You put 21?% of your money in a stock with an expected return of
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Question:
You have $65,000.
You put 21?% of your money in a stock with an expected return of 15?%, $31,000 in a stock with an expected return of 13?%, and the rest in a stock with an expected return of 19?%.
What is the expected return of your? portfolio?
The expected return of your portfolio is? (Round to two decimal? places.)
Please show steps taken for all questions.
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