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Intro You've estimated the following expected returns for a stock, depending on the strength of the economy: State (s) Probability Expected return Recession 0.1 -0.04

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Intro You've estimated the following expected returns for a stock, depending on the strength of the economy: State (s) Probability Expected return Recession 0.1 -0.04 Normal 0.5 0.07 Expansion 0.4 0.12 - Attempt 1/1 for 10 pts. Part 1 What is the expected return for the stock? B+ decimals Submit Biog Contact Instructor Guide Accel 2012 - 2020

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