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If a project's expected return is 10%, which represents a 16% return in a booming economy and a - 8% (8% loss) return in a
If a project's expected return is 10%, which represents a 16% return in a booming economy and a - 8% (8% loss) return in a stagnant economy, what is the probability of a stagnant economy?
A) 18.33%
B) 25.00%
C) 33.33%
D) 50.00%
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