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You own a portfolio with the following expected returns given the various states of the economy. What is overall portfolio expected return? Probability of State

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You own a portfolio with the following expected returns given the various states of the economy. What is overall portfolio expected return? Probability of State of Econamy State of Rate of Return if State Occurs Economy Boom .25 .185 Normal . 60 .143 .15 .032 Bust Muitiple Choice 13.69 percent 13.87 percent 14.49 percent 14.23 percent 14.64 percent

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