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State Probability x y boom 0.25 15% 10% normal 0.6 10% 9% recession 0.15 5% 10% What are the expected return and standard deviation for

State Probability x y boom 0.25 15% 10% normal 0.6 10% 9% recession 0.15 5% 10% What are the expected return and standard deviation for a portfolio with an investment of $6,000 in asset X and $4,000 i...

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