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Philip owns a portfolio that contains six stocks and the economy has four possible states. Assume that he invests his portfolio in a way that

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Philip owns a portfolio that contains six stocks and the economy has four possible states. Assume that he invests his portfolio in a way that results in an expected rate of return of 102 percent no matter what is the economic state. Based on this information what should be the value of Philip's portfolio variance turn out to be? DS (2 Points) 1.0 negative, but not 1 0.0 - TO positive, but not + 1

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