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What is the variance of a portfolio consisting of $2,000 in stock B and $8,000 in stock C? Return if State Occurs State of Economy
What is the variance of a portfolio consisting of $2,000 in stock B and $8,000 in stock C?
| Return if State Occurs | |||
| State of Economy | Probability of State of Economy | Stock B | Stock C |
| Boom | 5% | 20% | 4% |
| Normal | 95% | 9% | 8% |
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
7th Edition
0077861604, 9780077861605
