Question
Calculate the expected return on stock of Alfa Inc. State of economy Probability of states Percentage Returns Recession 34% -2.1% Steady growth 13% 5.2% Boom
Calculate the expected return on stock of Alfa Inc.
State of economy Probability of states Percentage Returns
Recession 34% -2.1%
Steady growth 13% 5.2%
Boom 53% 9.6%
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
