Question: What is the expected return on a portfolio that is equally weighted between Stocks M and N given the following information? State of Economy Probability

What is the expected return on a portfolio that is equally weighted between Stocks M and N given the following information? State of Economy Probability of State of Economy Rate of Return if State Occurs Stock M Boom Normal Recession 13 82 05 Stock N -.14 . 06 .18 .18 06
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