Question
Expected Return______ State of the Economy Probability Goldcorp Enzo Biochem Strong Growth0.20 30%40% Moderate Growth0.50 10%10% Recession0.30-10%-10% Now, form a portfolio with $60,000 invested in
Expected Return______
State of the EconomyProbabilityGoldcorpEnzo Biochem
Strong Growth0.20 30%40%
Moderate Growth0.50 10%10%
Recession0.30-10%-10%
Now, form a portfolio with $60,000 invested in Goldcorp and $40,000 invested in Enzo Biochem.
What's the standard deviation of expected returns for the portfolio?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
15th edition
134796551, 134796550, 978-0134796550
