Multiple Choice
You invested $3,000 in a portfolio with an expected return of 10 percent and $2,000 in a portfolio with an expected return of 16 percent. What is the expected return of the combined portfolio?
A) 6.2%
B) 12.4%
C) 13.0%
D) 13.6%
Correct Answer:

Verified
Correct Answer:
Verified
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