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Expected return. Hul Consultants, a famous think tank in the Midwest, has provided probability estimates for the four potential economic states for the coming year.

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Expected return. Hul Consultants, a famous think tank in the Midwest, has provided probability estimates for the four potential economic states for the coming year. The probability of a boom economy is 14%, the probability of a stable growth economy is 20%, the probability of a stagnant economy is 65%, and tho probability of a recession is 11%. Estimate the expected returns on the following individual investments for the coming year, Hint: Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, phrases in parenthonis after each answer box, only apply for the answers you will type. What is the expected return of the stock investment? [ % (Round to two decimal places.) apply X Data table is the (Roll (Click on the following loon in order to copy its contents into a spreadsheet.) Lehet Stock Corporate bond Government bond 2% Horecasted Returns for Each Economy Stable Grow Stagnant 11% 8% 5% 7% 4% Boom 26% 9% 8% Recession -14% 4% 3% Print Done

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