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(Solved): Returns on stocks X and Y are listed below:
Period1234567Stock X4%-2%5%-1%10%7%12%Stock Y-3%7%4%2%2 ...
Returns on stocks X and Y are listed below:
Period1234567Stock X4%-2%5%-1%10%7%12%Stock Y-3%7%4%2%2%8%-3%
Consider a portfolio of 10% stock X and 90% stock Y.
What is the mean of portfolio returns?