You have the following information about your stock portfolio. You own 2 ,000 shares of Stock A which sells for $ 11 with an expected return of 3 %. You own 2,000 shares of Stock B which sells for $10 with an expected return of 6%.You own 4,000 shares of Stock C which sells for $12 with an expected return of 9%. You own 3 ,000 shares of Stock D which sells for $ 8 with an expected return of 13 %.What is the expected return on your portfolio? Show your answer to the nearest .01%.
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