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Consider the following information on two stocks: P(State) Stock A Stock B Boom 50% 0.25 0.15 Normal 20% 0.12 -0.06 Bust 30% -0.05 0.10 Calculate

Consider the following information on two stocks:

P(State)

Stock A

Stock B

Boom

50%

0.25

0.15

Normal

20%

0.12

-0.06

Bust

30%

-0.05

0.10

Calculate the expected return for stock A, and the expected return for stock B (Enter percentages as decimals and round to 4 decimals)

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