Question: If Microsoft stockholders expect either a 24.4% return or a 1.6% return, each with a 50% probability, and Apple Computer shareholders expect a 9.8% return

If Microsoft stockholders expect either a 24.4% return or a 1.6% return, each with a 50% probability, and Apple Computer shareholders expect a 9.8% return with certainty, what is the expected return from a portfolio comprised of equal amounts of stock from both firms? The expected return on the portfolio is...

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