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How do you calculate this problem in excel? A portfolio has $70,000 of bonds and $30,000 of stock. The bonds are 80% likely to have
How do you calculate this problem in excel?
A portfolio has $70,000 of bonds and $30,000 of stock. The bonds are 80% likely to have a 10% return and 20% likely to have a 0% return. The stock is 50% likely to have a 20% return and 50% likely to have a 10% loss. What is the expected return?
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