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Cullumber Corporation has decided to invest in all three stocks Calculate the expected return for the portfolio given an investment of $31.000 in Stock A,

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Cullumber Corporation has decided to invest in all three stocks Calculate the expected return for the portfolio given an investment of $31.000 in Stock A, 547,000 in Stock B, and $22,000 in Stock C. In addition, calculate the covariance of the returns and standard deviation for the portfolio. (Round intermediate calculation to 4 decimal places, es. 1.235 and final answers to 2 decimal places. e.3. 15.75. Enter negative amounts using either a negative sign preceding the number es. 45 or parentheses eg. (45)) Expected Return in the State (%) State of the Economy Probability Stock A Stock B Stock 0.10 12 14 14 Boom No Growth Recession 0.70 6 7 8 0.20 2 (4) 1 Expected Return Standard Deviation Stock A 5 BOX 2.60% StockB 5.50% 5.18% Stock 7.20% 3.57% % Portfolio Expected Return Covariance * Portfolio Standard Deviation

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