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Consider the following information: State of Economy Probability of State of Economy Portfolio Return If State Occurs Recession .23 .13 Boom .77 .23 Calculate the
| Consider the following information: |
| State of Economy | Probability of State of Economy | Portfolio Return If State Occurs | ||||
| Recession | .23 | .13 | ||||
| Boom | .77 | .23 | ||||
| Calculate the expected return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Expected return | % |
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Finance Accumulation And Monetary Power
Authors: Daniel Woodley
1st Edition
0367338556, 978-0367338558
