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1. There are three securities in the market. The following chart shows their possible payoffs:...

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Accounting

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1. There are three securities in the market. The following chart shows their possible payoffs: -1. What is the expected return of a portfolio with half of its funds invested in Security 2 and half in Security 3? (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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