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Consider the following information, what are the expected rate of return of stock X? State Boom Normal Recession O 9.84% 98 O 10.5% O 11%
Consider the following information, what are the expected rate of return of stock X? State Boom Normal Recession O 9.84% 98 O 10.5% O 11% O 11.75% Probability .35 .50 .15 Return of X 15% 10% 5%
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