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Consider the following information: State Probability Stock A Stock B Stock C Boom 0.32 -0.11 -0.12 0.19 Bust 0.68 0.05 0.11 0.09 What is the

Consider the following information:

State Probability Stock A Stock B Stock C

Boom 0.32 -0.11 -0.12 0.19

Bust 0.68 0.05 0.11 0.09

What is the expected return of a portfolio that has invested $7,253 in Stock A, $12,248 in Stock B, and $5,860 in Stock C? Enter the answer with 4 decimals (e.g. 0.1234).

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