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You Buy 50 Stocks of Company A, 30 of Company

Question 40

Multiple Choice

You buy 50 stocks of Company A, 30 of Company B, and 20 of Company C. The annual returns of these companies are 8%, 12%, and 10% respectively. The average return for one year is the closest to ________.


A) 9.1%
B) 9.6%
C) 10.0%
D) 10.5%

Correct Answer:

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