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A risky portfolio that has a 30% probability of earning a positive 10% return. 45% probability of earning a positive 5% return, and a 25%
A risky portfolio that has a 30% probability of earning a positive 10% return. 45% probability of earning a positive 5% return, and a 25% probability of earning a negative 6% return. What is the expected return? Enter your answer as a percent and to the nearest 0.01% (e.g. write 3.25 if your answer is three and a quarter percent).
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