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Musumeci Capital Management has invested its portfolio as shown here. What is Musumeci's expected portfolio return?

Musumeci Capital Management has invested its portfolio as shown here. What is Musumeci's expected portfolio return?
ASSET PORTFOLIO WEIGHT EXPECTED RETURN
Money market securities 10% 4%
Corporate bonds 20 8
Equities 70 12

This question was asked on May 18, 2010.

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