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Given the following information, What is the expected return on a portfolio which is invested 40% in Stock X and 60% in Stock Y? State
- Given the following information, What is the expected return on a portfolio which is invested 40% in Stock X and 60% in Stock Y?
State of Economy Prob. Stock X Stock Y Boom 10% 25% -17% Normal 70% 10% 7% Recession 20% -15% 30% 6.5%
7.8%
8.1%
9.2%
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