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Business, 27.03.2020 04:30 brownzackery71

Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C Boom .20 .38 .48 .28 Good .50 .14 .19 .12 Poor .20 −.05 −.08 −.06 Bust .10 −.19 −.23 −.09 a. Your portfolio is invested 22 percent each in A and C, and 56 percent in B. What is the expected return of the portfolio?

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