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The following table displays the joint probability distribution of the returns (%) on investment for two startup companies Welaugh and SpaceAce. (e.9. - in the

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The following table displays the joint probability distribution of the returns (%) on investment for two startup companies Welaugh and SpaceAce. (e.9. - in the table means if the startup SpaceAce fails, the return on investment for SpaceAce is -60% ) SpaceAce F -60% 460% Ti WeLaugh 0% X 40 50% 2 100 1. What is the value of x? 2. The expected return on investment for Welaugh is (Note: if the answer is 2.4%, put in 0.024). 3. The covariance between the returns on investment for WeLaugh and SpaceAce is 4. If you invest \\({20)\\) million euros in SpaceAce and \\({20)\\) million euros in WeLaugh, [ Please ignore these symbols: "\\({" and "}\\" use the numbers inside ] - (a) How many million euros this portfolio is expected to generate? Answer. million. - (b) The variance of this portfolio is million

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