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Assume you think about and a roccion are equally kely to happen, a 50 50 chance of the Security Returns if State Occurs State of

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Assume you think about and a roccion are equally kely to happen, a 50 50 chance of the Security Returns if State Occurs State of Economy Probaty of State of Economy que 0.50 Recession Hoorn Security 20% 70% Security U 30% 10% 0.50 Notice that stock U earns 30% if there is a recession and 10% if there is a boom Based on the above information, what is expected return on stock u? Select one: @ a. 229 b. 20% c 18% d. 25% Activate Windows Go to Settings to activate Win

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