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Consider the following information: State of Economy Recession Normal Boom Probability of Portfolio State of Return if State Economy Occurs .21 -.17 .46 .18
Consider the following information: State of Economy Recession Normal Boom Probability of Portfolio State of Return if State Economy Occurs .21 -.17 .46 .18 .33 .26 Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return %
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
