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Consider the following information: Probability of State of Economy State of Economy Recession Normal Boom Rate of Return if State Occurs Stock A Stock B

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Consider the following information: Probability of State of Economy State of Economy Recession Normal Boom Rate of Return if State Occurs Stock A Stock B .06 -.18 .09 .13 .15 .35 .10 .60 .30 Calculate the expected return for Stock A. Expected return Calculate the expected return for Stock B. Expected return

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