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Business, 27.07.2021 20:20 tina7659

Consider the following information on a portfolio of three stocks: State of Economy Probability of State of Economy Stock A Stock B Stock C
Rate of Return Rate of Return Rate of Return
Boom .12 .11 .36 .41 N
ormal .51 .19 .31 .29
Bust .37 .20 −.30 −.39
If the expected T-bill rate is 4.7 percent, what is the expected risk premium on the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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