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Calculate the expected return on stock of Time Saver Inc.: State of the economy Probability of the states Percentage returns Economic recession 18% 6.2% Steady
Calculate the expected return on stock of Time Saver Inc.:
| State of the economy | Probability of the states | Percentage returns |
|---|---|---|
| Economic recession | 18% | 6.2% |
| Steady economic growth | 42% | 4.3% |
| Boom | Please calculate it | -3.7% |
Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)
Your Answer:
Question 24 options:
| Answer | units |
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Project Finance
Authors: B Rajesh Kumar
1st Edition
3030967247, 978-3030967246
