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Consider the following information: State of Economy Probability of State of Economy Portfolio Return if State Occurs Recession 0.28 ? 0.13 Boom 0.72 0.23 Calculate
| Consider the following information: |
| State of Economy | Probability of State of Economy | Portfolio Return if State Occurs | ||||
| Recession | 0.28 | ? | 0.13 | |||
| Boom | 0.72 | 0.23 | ||||
| Calculate the expected return. (Round your answer to 2 decimal places. (e.g., 32.16)) |
| Expected return | % |
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
