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Cash flows in One Year Probabilities= 0.42 0.58 Securities: Today's Price Weak Economy Strong Economy Risk-free bond Market Index Security C $963 $811 $1,000 $1,000
Cash flows in One Year Probabilities= 0.42 0.58 Securities: Today's Price Weak Economy Strong Economy Risk-free bond Market Index Security C $963 $811 $1,000 $1,000 $500 $1,200 $800 $1,300
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