Expected return and standard deviation. Use the following information to answer the questions: a. What...
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Expected return and standard deviation. Use the following information to answer the questions: a. What is the expected return of each asset? b. What is the variance and the standard deviation of each asset? c. What is the expected return of a portfolio with 9% in asset J, 52% in asset K, and 39% in asset L? d. What is the portfolio's variance and standard deviation using the same asset weights from part (c)? Hint: Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, phrases in p you will type. Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) State of Economy Boom Growth Stagnant Recession Probability of State 0.26 0.39 0.21 0.14 Return on Asset J in State 0.050 0.050 0.050 0.050 Return on Asset K in State 0.230 0.130 0.065 -0.130 Return on Asset Lin State 0.270 0.180 0.075 -0.190


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