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Consider the following information: State of Economy Boom Good Poor Bust Rate of Return if State Occurs Probability of State of Economy Stock A Stock

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Consider the following information: State of Economy Boom Good Poor Bust Rate of Return if State Occurs Probability of State of Economy Stock A Stock B Stock C .15 .35 45 25 .60 .19 .10 20 -03 -.06 -05 .05 -13 -31 .16 -.08 Your portfolio is invested 28 percent each In A and C and 44 percent in B. What is the expected return of the portfolio

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