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QUESTION

You invested $10,000 in a portfolio with an expected return of 2.2 per cent and $26,000 in a portfolio with an expected return of 11.2 per cent.

You invested $10,000 in a portfolio with an expected return of 2.2 per cent and $26,000 in a portfolio with an expected return of 11.2 per cent. The expected return of the combined portfolio is (as a percentage to two decimal places e.g. 2.881%)

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