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Consider the following information: table [ [ State of , Probability of , table [ [ Rate of Return ] , [ if
Consider the following information:
tableState ofProbability oftableRate of Returnif State OccurstableState ofEconomyStock AStock BRecessionNormalBoom
a Calculate the expected return for the two stocks. Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
tableExpected return for
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