Question: JS Capital staff has estimated the probability values for the state of the economy, and also estimated the corresponding rate of return on each alternative

JS Capital staff has estimated the probability values for the state of the economy, and also estimated the corresponding rate of return on each alternative under each state of the economy. Nescom. is technology firm, Nawab collects past-due debts, and PK_Steel manufactures steel products. JS capital also maintains a "market portfolio" that owns a market-weighted fraction of all publicly traded stocks on Pakistan exchange market; you can invest in that portfolio and thus obtain average stock market results.

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