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Based on the following information of Stock A , what is the expected return of this stock? State of Economy Recession Normal Boom Probability of

Based on the following information of Stock A, what is the expected return of this stock?
State of Economy
Recession
Normal
Boom
Probability of State of Economy
24%
45%
31%
Rate of Return if State
Occurs
-9.20%
10.70%
21.40%
13.66%
9.24%
7.63%
13.77%
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