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A Portfolio Consists of $38,312 of Stock A,$42,509 of Stock

question 23

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A portfolio consists of $38,312 of Stock A,$42,509 of Stock B,and $11,516 of Stock C.The expected returns on Stocks A,B,and C are 6.85 percent,12.08 percent,and 15.92 percent,respectively.What is the portfolio expected rate of return?

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Definitions:

Cash Flow Amounts

The net amount of cash and cash-equivalents being transferred into and out of a business.

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