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Consider the following information State Probability X Z Boom 0 . 2 5 1 5 % 1 0 % Normal 0 . 6 0 1

Consider the following information
State Probability X Z
Boom 0.2515%10%
Normal 0.6010%9%
Recession 0.155%10%
What is the expected return and standard deviation
for a portfolio with an investment of $6,000 in asset
X and $4,000 in asset Z?

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