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answer please MCQ: Profit corp. analysts estimated the following probability distributions for its stocks. What is their expected rate of return? Stock return State of

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MCQ: Profit corp. analysts estimated the following probability distributions for its stocks. What is their expected rate of return? Stock return State of Economy Prob. of state occurring Recession 1.1 Normal .6 Boom .3 |-5% 5% 15% Select one: a. 9% b. 7% C. -5% d. 15% e. 5%

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