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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? Expected

 

You own a portfolio with the following expected returns given the various states of the economy. What is the overall portfolio expected return? Expected returns in various states of the economy State of Economy Probability Rate of Return Boom Normal Recession 27.00% 62.00% 11.00% 16.00% 4.00% -12.00%

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