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What is the expected return and standard deviation of a portfolio comprised of $4,000 in stock M and $6,000 in stock N and covariance of
What is the expected return and standard deviation of a portfolio comprised of $4,000 in stock M and $6,000 in stock N and covariance of M and N is 15%? Show your work
| Returns if State Occurs | Returns if State occurs | ||
| State of Economy | Probability of State pf Econ. | Stock M | Stock N |
| Boom | 10% | 18% | 10% |
| Normal | 75% | 7% | 8% |
| Recession | 15% | -20% | 6% |
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Military Finances Personal Money Management For Service Members Veterans And Their Families
Authors: Cheryl Lawhorne-Scott, Don Philpott
1st Edition
144222214X, 978-1442222144
