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Given the following information, what is the expected return on a portfolio which is invested 70 percent in stock A and 30 percent in stock
Given the following information, what is the expected return on a portfolio which is invested 70 percent in stock A and 30 percent in stock B? State of Probability of Retur if State Occurs Economy State of Economy Stock A Stock B Boom 10% 15% 17% Normal 75% 10% 9% Recession 15% 4% 5%
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