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Calculate the expected return of a portfolio of 20% in Stock X and 80% in Stock Y. Use the following information State of Economy Recession

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Calculate the expected return of a portfolio of 20% in Stock X and 80% in Stock Y. Use the following information State of Economy Recession Expansion Probability of State of Economy 4 6 Security Return if State occurs Stock X Stock Y -10% 3% 23% 11%

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