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2) Carry all calculations to 4 digits (4 digit accuracy) State Bear Normal Bull Probability .25 .50 .25 Return: Stock A -.02 .14 .28 Return:

2)Carry all calculations to 4 digits (4 digit accuracy)

State Bear Normal Bull Probability .25 .50 .25 Return: Stock A -.02 .14 .28 Return: Stock B .05 .16 .10

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