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Consider the following information: State Probability Stock A Stock B Stock C Boom 0.32 0.06 -0.08 -0.05 Bust 0.68 0.07 -0.13 0.25 What is the
Consider the following information:
State Probability Stock A Stock B Stock C
Boom 0.32 0.06 -0.08 -0.05
Bust 0.68 0.07 -0.13 0.25
What is the expected return of a portfolio that has invested $16,660 in Stock A, $5,226 in Stock B, and $9,899 in Stock C? Enter the answer with 4 decimals (e.g. 0.1234).
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