Question: Given the following information, what is the expected return on a portfolio that is invested 3 0 percent in both Stocks A and C ,

Given the following information, what is the expected return on a portfolio that is invested 30 percent in both Stocks A and C, and 40 percent in Stock B?
\table[[State of,Probability of,Rate of Return if State Occurs:],[Economy,State Occurring,Stock A (%),Stock B (%),Stock C (%)],[Boom,.08,15.6,13.2,12.9],[Normal,.87,11.2,9.6,8],[Recession,.05,2.5,1.2,-5.6]]
Multiple Choice
9.44%
11.3%
10.69%
9.2%
 Given the following information, what is the expected return on a

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