Expected return on the portfolio, Accounting Basics

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Expected return on the portfolio

Problem:

You own a portfolio that has $3,100 invested in Stock A and $4,100 invested in Stock B.

Required:

Question: If the expected returns on these stocks are 9 percent and 12 percent, respectively, what is the expected return on the portfolio?

Note: Please show basic calculation

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Accounting Basics: Expected return on the portfolio

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Accounting Basics: Expected return on the portfolio

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