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Q10) There is a 38.48% probability of an average economy and a 61.52% probability of an above average economy. You invest 19.31% of your money

Q10) There is a 38.48% probability of an average economy and a 61.52% probability of an above average economy. You invest 19.31% of your money in Stock S and 80.69% of your money in Stock T. In an average economy the expected returns for Stock S and Stock T are 9.47% and 11.54% , respectively. In an above average economy the the expected returns for Stock S and T are 12.83% and 39.96% , respectively. What is the expected return for this two stock portfolio? (2.0 points)

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