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Given the following information about the returns of stocks A, B, and C, what is the expected return of a portfolio invested 30% in stock
Given the following information about the returns of stocks A, B, and C, what is the expected return of a portfolio invested 30% in stock A, 40% in stock B, and 30% in stock C?State of economyProbabilityStock AStock BStock CBoom0.120.20.230.37Good0.240.150.120.18Poor0.2500.080.09Bust---0.13-0.2-0.18Enter answer in percents.
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