Question: What is the expected return on a portfolio that is invested 40% in stock A and 60% in stock B, given the following information? Economic

 What is the expected return on a portfolio that is invested

What is the expected return on a portfolio that is invested 40% in stock A and 60% in stock B, given the following information? Economic State Probability of State Return on stock A Return on stock B Normal 70% 12% 5% Recession 30% -10% 8% 5.4% O 6.4% O 7.8% O 5.7%

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