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2. Consider the following information: State Probability Stock A Stock B Boom 0.10 11% 15% Normal 0.80 7 10 Recession ????? 2 3 Assume that
2. Consider the following information:
State | Probability | Stock A | Stock B |
---|---|---|---|
Boom | 0.10 | 11% | 15% |
Normal | 0.80 | 7 | 10 |
Recession | ????? | 2 | 3 |
Assume that you have $2,000 invested in Stock A and $11,000 invested in Stock B. What is the portfolio standard deviation?
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