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You own two stocks Land M. Use the information in the table below to answer the following questions: Probability Return on stock M Return on

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You own two stocks Land M. Use the information in the table below to answer the following questions: Probability Return on stock M Return on stock L 14% Boom Bust 04 0.6 16% 4% a. What is the expected return on Stock Land Stock M? b. What is the standard deviation of Stock M? c. What is the expected return on a $1000 portfolio that has $600 invest in L and the rest in M

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