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Problem 13-5 Calculating Expected Return [LO1] Consider the following information: State of Economy Recession Boom Probability of State of Expected return Economy 21 79 Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Portfolio Return if State Occurs -.11 21 %

Problem 13-5 Calculating Expected Return [LO1] Consider the following information: State of Economy Recession Boom Probability of State of Expected return Economy 21 79 Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Portfolio Return if State Occurs -.11 21 %

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Problem 13-5 Calculating Expected Return [LO1] Consider the following information: State of Economy Recession Boom Probability of State of Expected return Economy 21 79 Portfolio Return if State Occurs -.11 Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) % 21
Transcribed Image Text:Problem 13-5 Calculating Expected Return [LO1] Consider the following information: State of Economy Recession Boom Probability of State of Expected return Economy 21 79 Portfolio Return if State Occurs -.11 Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) % 21
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