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A portfolio consists of 25 percent Stock A, 55 percent Stock B, and 20 percent Stock C. What is the portfolio expected return given the
A portfolio consists of 25 percent Stock A, 55 percent Stock B, and 20 percent Stock C. What is the portfolio expected return given the following:
State of Economy/ Probability of State of Economy/ Stock A Returns/ Stock B Returns/ Stock C Returns Normal 0.80 17% 10% 28% Recession 0.20
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