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You own a portfolio with the following expected returns given the various states of the economy. What is the overall portfolio expected return? State of
You own a portfolio with the following expected returns given the various states of the economy. What is the overall portfolio expected return? State of Economy Boom Normal Recession 0.0701 0.0648 0.0719 0.0548 Expected returns in various states of the economy Probability 0.0442 23.00% 70.00% 7.00% 13.00% 7.00% -10.00% Rate of Return
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