Blank #2 Question 12 (10 points) Consider the following information for a stock Probability of Economy Rate of Return State of Economy Rapid growth .20 -20% Normal growth 15% Recession .10 30% Blank #1: What is the expected return (in percentage) for this stock? .70 Instruction: Answer should be in percentage and rounded to two decimal places. Do not include the % sign. Question 13 (20 points) Consider the following cash flows of two mutually exclusive projects. Year Cash Flow (X) Cash Flow (Y) 0 -200,000 -250,300 66,000 50,410 2 7.450 170.690 3 245,000 113,750 Blank #1: What is the NPV for Xit the required return is 12%? 1