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Consider the following scenario analysis: Rate of Return Scenario Probability Stocks Bonds Recession 0. 20 -9% 20% Normal economy 0.50 21% 8% Boom 0.30 31%

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Consider the following scenario analysis: Rate of Return Scenario Probability Stocks Bonds Recession 0. 20 -9% 20% Normal economy 0.50 21% 8% Boom 0.30 31% 82\f:. Which investment would you prefer? Stock Bond Which investment would you prefer

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