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The probabilities of Bear, Normal, and Bull stock markets are 0.2, 0.5, and 0.3. If the corresponding rates of return of a portfolio under these
The probabilities of Bear, Normal, and Bull stock markets are 0.2, 0.5, and 0.3. If the corresponding rates of return of a portfolio under these three scenarios are -25%, 10, and 24%, respectively. Th...
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