Question
The following table reports forecasted returns for the stock of two different companies under three possible states of the economy: State Probability Stock A Stock
The following table reports forecasted returns for the stock of two different companies under three possible states of the economy:
| State | Probability | Stock A | Stock B | Stock C |
| Expansion | 55% | 13.77% | 18.85% | 5.38% |
| Average | 45% | 9.63% | 7.58% | 3.22% |
What is the expected return on a portfolio that consists of 30% of funds allocated to Stock A, 40% allocated to Stock B, and the rest in Stock C? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations).
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Bitcoin Mining The New Gold Rush Bitcoin Mining Is The Future
Authors: Sam Sutton
1st Edition
1985654717, 978-1985654716
