Question: Rose Berry is attempting to evaluate her expected return over the coming year. She holds shares in the following two companies, 60% in A and

 Rose Berry is attempting to evaluate her expected return over the

Rose Berry is attempting to evaluate her expected return over the coming year. She holds shares in the following two companies, 60% in A and the rest in B. Expected Return State Boom Recession Probability of State 0.45 0.55 Company A 15% 290 Company EB 30% Required a) Calculate the Expected Return for Rose Berry's portfolio in both the Boom and Recession states

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