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Consider the following: state of economyProbability ofstate of economyPortfolio return if state occurs Recession .34 - .19 boom.66 .27 Expected return?
Consider the following:
state of economyProbability ofstate of economyPortfolio return if state occurs
Recession .34 - .19
boom.66 .27
Expected return?
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Analysis for Financial Management
Authors: Robert C. Higgins
10th edition
007803468X, 978-0078034688
