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A stock has projected returns and state probabilities over the next year as given in the table below. Use the information to calculate the expected
A stock has projected returns and state probabilities over the next year as given in the table below. Use the information to calculate the expected one year return for the stock. State Probability Return 0.15 0.20 6.30 -10.6% COK 9.6% 15.6% 20.0% .20 6.15 6.9% O 5.77% O 8.13% O 7.2% None of the above
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