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D 1 pts Question 19 You recently purchased a stock that is expected to earn 21 percent in a booming economy, 16 percent in a
D 1 pts Question 19 You recently purchased a stock that is expected to earn 21 percent in a booming economy, 16 percent in a normal economy, and lose 5 percent in a recessionary economy. There is 20 percent probability of a boom, 65 percent chance of a normal economy, and 15 percent chance of a recession. What is your expected rate of retum on this stock? O 10.67% 12.33% 3.13% 6.92% 13.85%
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