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Given the following information, calculate the expected return and standard deviation for a portfolio that has 40 percent invested in Stock A, 41 percent in

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Given the following information, calculate the expected return and standard deviation for a portfolio that has 40 percent invested in Stock A, 41 percent in Stock B, and the balance in Stock C. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Returns State of Probability of State Economy Boom Bust of Economy Stock A Stock B Stock C 13% 14 23% 0.60 0.40 22% -14 Expected return Standard deviation

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