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Mathematics, 25.09.2021 04:10 Kimberlytdb
A portfolio's value increases by 16% during a financial boom and by 9% during normal times. It decreases by 13% during a recession. What is the expected return on this portfolio if each scenario is equally likely?
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A portfolio's value increases by 16% during a financial boom and by 9% during normal times. It decre...
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