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6 points Save Arse Samuel estimates that there are three possible return outcomes for a stock he is considering for purchase. He thinks that there
6 points Save Arse Samuel estimates that there are three possible return outcomes for a stock he is considering for purchase. He thinks that there is a 43% chance the economy will boom and his stock will return 15%, a 25% chance the economy will continue at its current pace and the stock will return 4% and a 32% the economy will fall into a recession and the stock will yield-10%. Given this, what is Samuel's expected return on this stock he is considering for purchase? O 4.25% O 6.12% O 3.54% O 7.34% O 5.10% Orection of 21
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