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Market Condition Probability of Occurrence Celestial Crane Cosmetics Lumbering Ox Truckmakers Strong 0.25 40% 56% Normal 0.45 24% 32% Weak 0.30 -32% -4096 Calculate expected

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Market Condition Probability of Occurrence Celestial Crane Cosmetics Lumbering Ox Truckmakers Strong 0.25 40% 56% Normal 0.45 24% 32% Weak 0.30 -32% -4096 Calculate expected returns for the individual stocks in Joshua's portfolio as well as the expected rate of return of the entire portfolio over the three possible market conditions next year. The expected rate of return on Celestial Crane Cosmetics's stock over the next year is The expected rate of return on Lumbering Ox Truckmakers's stock over the next years The expected rate of return on Joshua's portfolio over the next year is Market Condition Probability of Occurrence Celestial Crane Cosmetics Lumbering Ox Truckmakers Strong 0.25 40% 56% Normal 0.45 24% 32% Weak 0.30 -32% -4096 Calculate expected returns for the individual stocks in Joshua's portfolio as well as the expected rate of return of the entire portfolio over the three possible market conditions next year. The expected rate of return on Celestial Crane Cosmetics's stock over the next year is The expected rate of return on Lumbering Ox Truckmakers's stock over the next years The expected rate of return on Joshua's portfolio over the next year is

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