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17. You have been given this probability distribution for the holding-period return for Cheese, Inc stock. What is the expected return of Cheese Inc. stock?

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17. You have been given this probability distribution for the holding-period return for Cheese, Inc stock. What is the expected return of Cheese Inc. stock? Scenario Probability HPR Boom 0.2 24% Normal Growth 0.45 15% Recession 0.3. 8% O A) 15.67% B) 14.35% O c) 24% D) None of the above

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