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What is the expected return on a portfolio

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Reference no: EM132899483

Question - What is the expected return on a portfolio that will decline in value by 15 percent in a recession, will increase by 18 percent in normal times, and will increase by 24 percent during boom times if each scenario has equal likelihood?

a. 9.00 percent

b. 17.33 percent

c. 13.00 percent

d. 8.67 percent

Reference no: EM132899483

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