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Q10) There is a 48.84% probability of an average economy and a 51.16% probability of an above average economy. You invest 24.55% of your

 


Q10) There is a 48.84% probability of an average economy and a 51.16% probability of an above average economy. You invest 24.55% of your money in Stock S and 75.45% of your money in Stock T. In an average economy the expected returns for Stock S and Stock T are 12.69% and 7.57%, respectively. In an above average economy the the expected returns for Stock S and T are 34.52% and 24.58%, respectively. What is the expected return for this two stock portfolio? (2.0 points)

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