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What's the expected return on a portfolio with these individual rates of return & probability weights? -15% with 20% probability +10% with 30% probability +12%

What's the expected return on a portfolio with these individual rates of return & probability weights?

  • -15% with 20% probability
  • +10% with 30% probability
  • +12% with 40% probability
  • +20% with 10% probability

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