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Consider the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Stock A Stock B Recession . 2

Consider the following information:
State of Economy Probability of State of Economy Rate of Return if State Occurs
Stock A Stock B
Recession .20.04.19
Normal .50.08.15
Boom .30.13.36
Calculate the expected return for Stock A.
Calculate the expected return for Stock B.

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