A portfolio is comprised of 20 stock 40 bonds 40 mutual


A portfolio is comprised of 20% stock, 40% bonds, 40% mutual funds. The stock is expected to have a 10% return, the bonds a 5% return, and the mutual funds a 7% return. What is the expected return on the portfolio?

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Financial Management: A portfolio is comprised of 20 stock 40 bonds 40 mutual
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