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An analyst is considering an investment in Treetops Inc. and has gathered the following information. What is the expected return for a share of the

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An analyst is considering an investment in Treetops Inc. and has gathered the following information. What is the expected return for a share of the firm's stock? State of the Probability of the State Conditional Expected Return Treetops Inc. -12% 21% Economy Recession Steady Boom .22 .38 40 35%

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