Question: 14. What is the expected return for GM assuming the following estimates? P State of the Economy Recession Normal Boom 1/3 1/ 3 2 Assume

 14. What is the expected return for GM assuming the following

14. What is the expected return for GM assuming the following estimates? P State of the Economy Recession Normal Boom 1/3 1/ 3 2 Assume that you have $7500 invested in GM and $2500 invested in ABC Gold Mining Co. What is the expected return of the portfolio if the expected return of ABC is 1 percent

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