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What is the expected return on a portfolio comprised of $3,000 in stock K and $5,000 in stock L if the economy is normal? Returns
What is the expected return on a portfolio comprised of $3,000 in stock K and $5,000 in stock L if the economy is normal?
| Returns if State Occurs | |||
| State of Economy | Probability of State of Economy | Stock K | Stock L |
| Boom | 20% | 14% | 10% |
| Normal | 80% | 5% | 6% |
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
2nd Edition
0073530670, 9780073530673
