Question: Question 24 (3.3 points) There are two stocks in a portfolio and two possible states of economy that may occur. The relevant information is summarized

 Question 24 (3.3 points) There are two stocks in a portfolio

Question 24 (3.3 points) There are two stocks in a portfolio and two possible states of economy that may occur. The relevant information is summarized as follows: Stock return if a certain state of economy occurs State of Economy Probability Stock 1 Stock 2 Good 0.50 15% Bad 0.50 Initial Investments $6,000 $4,000 8% -79 What is the expected return of stock 2? O A) 4% B) 6% OC) 2% D) 8%

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