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7 . Suponga que sus expectativas sobre el precio de las acciones son las siguientes: Estado del mercado Probabilidad Precio final HPR (incluidos los dividendos)

7 . Suponga que sus expectativas sobre el precio de las acciones son las siguientes: Estado del mercado Probabilidad Precio final HPR (incluidos los dividendos) Auge 0,35 $140 44,5% Crecimiento normal 0,30 110 14,0 Recesin 0,35 80 -16,5 Utilice las ecuaciones 5.11 y 5.12 para calcular la media y la desviacin tpica de la HPR sobre las acciones

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