Nemhain owns a portfolio that is invested 2309 percent in


Nemhain owns a portfolio that is invested 23.09 percent in stock A, 44.89 percent in stock B, and the remainder in stock C. The expected returns on these stocks are 10.7 percent, 13.65 percent, and 11.58 percent, respectively. What is the expected return (in percents) on the portfolio?

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Financial Management: Nemhain owns a portfolio that is invested 2309 percent in
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