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Economic Conditions Prob. Return Strong 25% 19% Normal 50% 8.5% Weak 25% -18.0% a. 18.00% b. 4.50% c. 13.75% d. 4.00% e. 3.75%
| Economic | ||||
| Conditions | Prob. | Return | ||
| Strong | 25% | 19% | ||
| Normal | 50% | 8.5% | ||
| Weak | 25% | -18.0%
| ||
| a. | 18.00% | |
| b. | 4.50% | |
| c. | 13.75% | |
| d. | 4.00% | |
| e. | 3.75% |
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
