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QUESTION 17 Given the following information about the returns of stocks A, B, and C, what is the expected return of a portfolio invested 30%

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QUESTION 17 Given the following information about the returns of stocks A, B, and C, what is the expected return of a portfolio invested 30% in stock A, 40% in stock B, and 30% in stock C? State of economy Probability Stock A Stock B Stock C Boom 0.14 0.34 0.39 0.27 Good 0.23 0.11 0.12 0.1 Poor 0.05 0.08 0.06 Bust -0.23 -0.21 -0.27 Enter answer in percents. 0.2

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