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Consider the following information: table [ [ table [ [ State of ] , [ Economy ] , [ Boom ] ] ,

Consider the following information:
\table[[\table[[State of],[Economy],[Boom]],\table[[Probability],[of State of],[Economy]],Rate of Return if State occurs],[Stock A,B,],[0.20,0.19,0.46,0.],[\table[[Good],[Poor]],0.40,0.12,0.19,0.14],[\table[[Poor],[Bust]],\table[[0.10],[0.30]],\table[[0.04],[-0.04]],\table[[-0.09],[-0.30]],\table[[-0.05],[-0.09]]]]
a. Your portfolio is invested 20 percent each in Stocks A and C and 60 percent in Stock B. What is the expected return of the portfolio? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
\table[[Expected return,7.46%
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