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3 A stock has an expected return'of 10.53 percent. Based on the following information, what is the stock's return in a boom state of the

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3 A stock has an expected return'of 10.53 percent. Based on the following information, what is the stock's return in a boom state of the economy? State of Economy Recession Normal Boom Probability of State of Economy 32 . 35 . 33 Rate of Return i State Occurs -10.28 11.78 Skipped eBook Multiple Choice 3073% 2755% 29,39% 32.06% 25.72% e Drav Nayt )

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