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14. Consider the following information for Stocks A, B, and C: Probability Rate of Return if State Occurs Stock A Stock B Stock C State

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14. Consider the following information for Stocks A, B, and C: Probability Rate of Return if State Occurs Stock A Stock B Stock C State of Economy Boom Bust .65 .35 .07 .13 .15 .03 0.33 -0.06 Compute the expected return and standard deviation of a portfolio consisting of 20% invested in A, 20% invested in B, and 60% invested in C. (15 points)

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