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You have a $61,423 portfolio that consists of $16,028 invested in Stock A, $12,892 invested in Stock B, $7,176 invested in Stock C, and the remainder in Stock D. The portfolio has a return of 20.5 percent. The return for Stock A is 16.4 percent, for Stock B is 25.8 percent, and for Stock C is 12.2 percent. What is the return for Stock D?

Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 12.345% then enter as 12.35 in the answer box.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92798160

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