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Consider the following information: Rate of Return if State Occurs State of Economy Probability of State of Economy Stock A Stock B Stock C Boom
Consider the following information:
| Rate of Return if State Occurs | |||
State of Economy | Probability of State of Economy | Stock A | Stock B | Stock C |
Boom | .15 | .32 | .42 | .33 |
Good | .45 | .19 | .13 | .12 |
Poor | .30 | .05 | .08 | .06 |
Bust | .10 | .16 | .28 | .09 |
|
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