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QUESTION 32 Given the following information, What is the expected return on a portfolio which is invested 40% in Stock X and 60% in Stock
QUESTION 32 Given the following information, What is the expected return on a portfolio which is invested 40% in Stock X and 60% in Stock Y? State of Economy Prob. Stock X Stock Y 10% Boom 25% -17% Normal 70% 10% 7% Recession 20% -15% 30% 6.5% 7.8% 8.1% 9.2%
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