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Mathematics, 25.02.2020 21:27 autumn8668

An analyst has predicted the following returns for Stock A and Stock B is three possible states of the economy. State Probability A B Boom .23 .22 .22 Normal .40 .19 .16 Recession ??? .17 .10 Calculate the expected return of a portfolio that is invested 56% in Stock A and 44% in Stock B. (Round your answer to 4 decimal places, and express as a percent. Do NOT include the % sign. .87643 would round to .8764. This number expressed as a percent is 87.64%. You would type 87.64 as your answer.)

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