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Question 12 Not yet answered An investor has a portfolio with 40% invested in gold stocks, and 60% in industrial stocks. It is expected that

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Question 12 Not yet answered An investor has a portfolio with 40% invested in gold stocks, and 60% in industrial stocks. It is expected that gold stocks will provide a 5% return in a good economy and 15% in a poor economy. Industrial stocks are expected to provide 8% return in a good economy and -8% in a poor economy. The probability of a good economy is 30% and 70% in a poor economy. Given this information, calculate the expected return, variance and standard deviation of the portfolio. Marked out of 5.00 Flag question 7 A- B I iii III oo SS

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