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Consider the following information: Rate of Return if State Occurs Probability of State of Economy Stock C .10 24 points State of Economy Boom Good

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Consider the following information: Rate of Return if State Occurs Probability of State of Economy Stock C .10 24 points State of Economy Boom Good Poor Bust .60 Stock A 34 19 -01 -15 Stock B 44 15 -09 -.19 25 08 -07 -.11 Your portfolio is invested 25 percent each in A and C, and 50 percent in B. What is the expected return of the portfolio

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