The expected returns on these stocks are 95 percent 12, Financial Management

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The expected returns on these stocks are 95 percent 12

A portfolio is invested 17 percent in Stock G, 32 percent in Stock J, and 51 percent in Stock K. The expected returns on these stocks are 9.5 percent, 12 percent, and 17.4 percent, respectively. What is the portfolio's expected return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, 32.16.)

Expected return

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