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You want to create a two-asset portfolio of equal proportions of the stock of Calvin Clothing (CC) and Perfect Pets (PP). What is the variance

You want to create a two-asset portfolio of equal proportions of the stock of Calvin Clothing (CC) and Perfect Pets (PP). What is the variance of your portfolio? Economy Probability Rate of return CC PP Boom 80% 18% 2% Bust 20% 12% 5%

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