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Given the formula information.What is the expected return on a portfolio which is invested 40% in stock X and 60% in stock y? State of
Given the formula information.What is the expected return on a portfolio which is invested 40% in stock X and 60% in stock y?
State of EconomyProbStock XStock Y
Boom10%25%-17%
Normal70%10%7%
Recession20%-15%30%
6.5%
7.8%
8.1%
9.2%
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