A portfolio consists of $13,453.41 in Stock M and $ 21,410.73 invested in Stock N. The expected return on these stocks i

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A portfolio consists of $13,453.41 in Stock M and $ 21,410.73 invested in Stock N. The expected return on these stocks i

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A Portfolio Consists Of 13 453 41 In Stock M And 21 410 73 Invested In Stock N The Expected Return On These Stocks I 1
A Portfolio Consists Of 13 453 41 In Stock M And 21 410 73 Invested In Stock N The Expected Return On These Stocks I 1 (14.29 KiB) Viewed 36 times
A portfolio consists of $13,453.41 in Stock M and $ 21,410.73 invested in Stock N. The expected return on these stocks is 8.38 percent and 12.29 percent, respectively. What is the expected return on the portfolio? Answer as a percentage (e.g. 0.1111 is 11.11%, so you would write 11.11 as the answer)
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