Q2) There is a 41.60% probability of an average economy and a 58.40% probability of...

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Finance

Q2) There is a 41.60% probability of an average economy and a 58.40% probability of an above average economy. You invest 35.10% of your money in Stock S and 64.90% of your money in Stock T. In an average economy the expected returns for Stock S and Stock T are 10.50% and 5.70%, respectively. In an above average economy the the expected returns for Stock S and T are 17.10% and 26.30%, respectively. What is the expected return for this two stock portfolio? (2 points)

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