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17. The Inferior Goods Co. stock is expected to earn as follows in the three-possible state of economy. What is the expected rate of return

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17. The Inferior Goods Co. stock is expected to earn as follows in the three-possible state of economy. What is the expected rate of return on this stock? State Boom Normal Recession Probability 20% 55% 25% Return -4% 6% 14% a. b. C. d. 6.00% 6.72% 6.80% 7.60% 11.33% e

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