State of Economy Probability of State of Economy Rate of Return if State Occurs Recession. 32 -.11 Boom. 68.23 Calculate the expected return. 2) You own a stock portfolio invested 33 percent in Stock Q, 20 percent in Stock R, 37 percent in Stock S, and 10 percent in Stock T. The betas for these four stocks are 1.02, 1.08, 1.48, and 1.93, respectively. What is the portfolio beta
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