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You decide to invest in a portfolio consisting of 3 0 percent Stock A , 3 0 percent Stock B , and the remainder in
You decide to invest in a portfolio consisting of percent Stock A percent Stock B and the remainder in Stock C Based on the following information, what is the expected return of your portfolio?
State of Economy Probability of State Return if State Occurs
of Economy Stock A Stock B Stock C
Recession
Normal
Boom
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