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1 2 ) The stocks for BMT & AWM have the following probability distributions: Economy Probability BMT AWM Recession 5 0 % 8 % 1

12) The stocks for BMT & AWM have the following probability distributions:
Economy Probability BMT AWM
Recession 50%8%14%
Average 30%14%17%
Boom 20%20%19%
a) Compute the expected rate of return for BMT.
b) Compute the expected rate of return for AWM. solve written out and not in excel

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