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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 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 S 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?
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