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A security analyst estimated that in a year from now the probability of the economy booming is 2 5 percent, the economy remains normal is
A security analyst estimated that in a year from now the probability of the economy booming is percent, the economy remains normal is percent, and the economy falls into a recession is percent. In addition, the analyst, estimated that Kennesaw Corp. common stock is expected to have a return of percent in a booming economy, percent in a norma economy, and percent in a recession. Based on these estimates, what is the expected return on this stock?
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