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QUESTION 13 5 points Save Answer Consider a portfolio of stocks X, Y, Z whose returns in various economic conditions are set forth below. State

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QUESTION 13 5 points Save Answer Consider a portfolio of stocks X, Y, Z whose returns in various economic conditions are set forth below. State Probability Y Z Boom .25 22% 10% 4% Normal .60 15% 9% 5% Recession .15 5% 8% 7% What is the expected return __% to two decimals) for a portfolio with an investment of $3000 in asset X and $7000 in asset Y

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