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Consider the following information: Rate of Return If State Occurs State of Probability of State of points Economy Economy Stock A Stock C Stock B

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Consider the following information: Rate of Return If State Occurs State of Probability of State of points Economy Economy Stock A Stock C Stock B 19 .06 Boom Bust .37 .65 .35 eBook .12 -.05 Print References a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the variance of a portfolio invested 16 percent each in A and B and 68 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., .161616.) O10 a. Expected return Variance b

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