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There is a 1 6 . 6 5 % probability of an average economy and a 8 3 . 3 5 % probability of an
There is a probability of an average economy and a probability of an above average economy. You invest of your money in Stock S and of your money in Stock T In an average economy the expected returns for Stock and Stock T are and respectively. In an above average economy the the expected returns for Stock S and T are and respectively. What is the expected return for this two stock portfolio? points Please write your answer as percentage eg should be written as :
Expected Return:
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