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The probability the economy will boom is 2 0 percent, while it is 7 0 percent for a normal economy, and 1 0 percent for
The probability the economy will boom is percent, while it is percent for a normal economy, and percent for a recession. Stock A will return percent in a boom, percent in a normal economy, and lose percent in a recession. Stock B will return percent in boom, percent in a normal economy, and percent in a recession. Stock C will return percent in a boom, percent in a normal economy, and percent in a recession. What is the expected return on a portfolio which is invested percent in Stock A percent in Stock B and percent in Stock C
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