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QUESTION 21 State P(S) Return A Return B Recession 0.3 OX Normal 0.4 13% Boom 0.3 27% What is the expected return of a portfolio

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QUESTION 21 State P(S) Return A Return B Recession 0.3 OX Normal 0.4 13% Boom 0.3 27% What is the expected return of a portfolio that is composed of 604 in Asset A and the rest in Asset 17 (Enter your answer as a whole number of the percentage rounded to two decimal places without the percentage sign. For example, for 0.995 enter 9.95: for 7.397 enter 7.40) V

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