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The following is the distribution of market portfolios and the probability of return on individual asset A according to market conditions after one year. Market

The following is the distribution of market portfolios and the probability of return on individual asset A according to market conditions after one year.

Market conditions (probability of occurrence) :

recession(0.2)

usually (0.5)

Booming (0.3)

Market Portfolio

-20%

10%

40%

A

-50%

10%

70%

1)What is the expected return and variance of the market portfolio?In turn, answer up to the second decimal place in % units. 2)What if you get a beta value for the market of A stock?

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