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Mathematics, 14.07.2020 02:01 lindseyklewis1p56uvi
A portfolio's value increases by 17% during a financial boom and by 7% during normal times. It decreases by 11% during a recession. What is the expected return on this portfolio if each scenario is equally likely? (Round to the nearest whole percent.)
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A portfolio's value increases by 17% during a financial boom and by 7% during normal times. It decre...
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