expected return portfolio
|
Based on the following information, the expected return is ; ;percent. ;(Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16)) |
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| State of Economy |
Probability of State of Economy |
Portfolio Return if State Occurs |
| ;Recession | 0.2 ; | –-0.06 ; |
| ;Normal | 0.35 ; | 0.13 ; |
| ;Boom | 0.45 ; | 0.25 ; |
