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A portfolio's value increases by 1 9 % during a financial boom and by 9 % during normal times. It decreases by 1 4 %
A portfolio's value increases by during a financial boom and by during normal times. It decreases by during a recession. What is the expected return on this portfolio if each scenario is equally likely?
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Project Financing Financial Instruments And Risk Management
Authors: Frank J Fabozzi, Carmel De Nahlik
1st Edition
9811231494, 9789811231490
