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20. What is the variance of the returns on a portfolio that is invested 60 percent in stock S and 40 percent in stock T?

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20. What is the variance of the returns on a portfolio that is invested 60 percent in stock S and 40 percent in stock T? State of Economy Boom Normal Probability of State of Economy 20% 80% Returns if State Occurs Stock S Stock T 17% 7% 13% 10% A. .000017 B. .000023 C. .000118 D. .000136 E. .000161

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