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33 A cock is tosected to rebarn tow in a normal economy, 15 wh if the econoryy booms, and lose 4% if the economy moves

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A cock is tosected to rebarn tow in a normal economy, 15 wh if the econoryy booms, and lose 4% if the economy moves into a recessionary period. Economists predict a 57% chance of a normal econnmy a 11% chance of a boomh and a 32% chance of a recession. The expected return on the stock is: th

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