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Question 1 Use the following information: Probability...

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Question

Finance

Question 1

Use the following information:

Probability

w1

w2

w3

state1

0.3333333

15.00%

8.00%

3.00%

state2

0.3333333

9.00%

5.00%

8.00%

state3

0.3333333

12.00%

7.00%

4.00%

% wealth invested

33.3333%

33.3333%

33.3333%

What is the expected return for the first asset?

between 12.5% and 13.5%

between 11.5% and 12.5%

less than 10.5%

between 10.5% and 11.5%

Answer & Explanation Solved by verified expert
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