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Consider the following information, what are the expected rate of return of a portfolio with an investment of $4000 in asset X and $6000 in

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Consider the following information, what are the expected rate of return of a portfolio with an investment of $4000 in asset X and $6000 in asset Z? State Probability Return of X Return of z Boom .25 15% 10% Normal .60 10% 9% Recession .15 5% 10% O 9.84% O 10.06% O 10.5% O 9.4%

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