What are the expected return and standard deviation for a


Consider the following information:

            State        Probability                       X                     Z

            Boom              .25                               15%             10%

            Normal           .60                               10%             9%

            Recession       .15                               5%                10%

You have $10,000 for investment. What are the expected return and standard deviation for a portfolio with an investment of $6,000 in asset X and $4,000 in asset Z?

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Basic Statistics: What are the expected return and standard deviation for a
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