Question: Consider the following information about expected returns for two securities , Ravenwood Consulting and Brody Enterprises. ProbabilityRavenwoodBrodyBoom 3 5 % 1 6 . 8 0

Consider the following information about expected returns for two securities, Ravenwood Consulting and Brody Enterprises. ProbabilityRavenwoodBrodyBoom 35%16.80%1.80%Neutral 25%7.50%3.10% Bust 40%-1.20%10.10% The expected return for a portfolio invested 55% in Ravenwood and 45% in Brody is:

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