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Consider the following table, which gives expected returns on two stocks for two particular market situations: Bear MARKET Bull 1.0% 12% 14% 5% S% 4%

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Consider the following table, which gives expected returns on two stocks for two particular market situations: Bear MARKET Bull 1.0% 12% 14% 5% S% 4% Stock A Stock B Consider the following table, which gives expected returns on two stocks for two particular market situations: Bear MARKET Bull 1.0% 12% 14% 5% S% 4% Stock A Stock B

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