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A stock is expected to return 10% in a normal economy, 20% if the economy booms and lose 79 if the economy moves into a
A stock is expected to return 10% in a normal economy, 20% if the economy booms and lose 79 if the economy moves into a recessionary period, Economists predict a 65% chance of a normal economy, a 254. chance of a boom and a 10% chance of a recession. What is the expected return on the stock? O A 11.104 B.3.704 OC 10.804 0.12.20
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