The expected returns on these stocks are 9 percent 15, Financial Management

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The expected returns on these stocks are 9 percent 15

A portfolio is invested 20 percent in Stock G, 60 percent in Stock J, and 20 percent in Stock K. The expected returns on these stocks are 9 percent, 15 percent, and 21 percent, respectively. What is the portfolio's expected return? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Portfolio expected return %

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