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There is a 3 3 . 7 0 % probability of an average economy and a 6 6 . 3 0 % probability of an

There is a 33.70% probability of an average economy and a 66.30% probability of an above average economy. You invest 33.90% of your money in Stock S and 66.10% of your money in Stock T. In an average economy the expected returns for Stock S and Stock T are 5.70% and 8.90%, respectively. In an above average economy the the expected returns for Stock S and T are 14.20% and 39.00%, respectively. What is the expected return for this two stock portfolio?

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