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Calculate expected returns for the individual stocks in Juan's portfolio as well as the expected rate of return of the entire portfolio over the possible market conditions next year. The expected rate of return on Happy Dog Soap's stock over the next year is _____ The expected rate of return on Black Sheep Broadcasting's stock over the next year is _____ The expected rate of return on Juan's portfolio over the next year is _____ The expected returns for Juan's portfolio were calculated based on three possible conditions in the market. Such conditions will vary from time to time, and for each condition there will be a specific outcome. These probabilities and outcomes can be represented in the form of a continuous probability distribution graph. For example, the continuous probability distributors of rates of return on stocks for two different companies are shown on the following graph:
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