Question: What is the expected return and standard deviation of a portfolio comprised of $10,000 in stock M and $20,000 in stock N and covariance of
What is the expected return and standard deviation of a portfolio comprised of $10,000 in stock M and $20,000 in stock N and covariance of M and N is 15%?

State of Economy Boom Normal Recession Probability of State of Economy 10% 75% 15% Returns if State Occurs Stock M Stock N 18% 10% 7% 8% -20% 6%
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