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( BONUS ) You are considering an investment in Tesla stock, and estimate the following expected returns given ' n ' states of nature. You

(BONUS) You are considering an investment in Tesla stock, and estimate the following expected returns given 'n' states of nature. You conclude that the expected return of this investment is 8.5%. Lastly, you believe that state of nature 3 is twice as likely as state of nature 4. What return do you expect in state of nature 3?(Hint: solve for E(ret3))(If correct answer is 12.34% please answer 12.34)
state of nature probability of state of nature 'n' expected return in state of nature 'n'
115%4%
225%10%
3? E(ret)?
4?12%

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