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Don Has $3,000 Invested in AT&T with an Expected Return

Question 111

Multiple Choice

Don has $3,000 invested in AT&T with an expected return of 11.6%; $10,000 in IBM with an expected return of 12.8%; and $6,000 in GM with an expected return of 12.2%. What is Don's expected return on his portfolio?


A) 12.42%
B) 12.20%
C) 11.81%
D) Cannot be determined

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