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KK Question 22 of 40 > >> A Moving to another question will save this response. 1 points Save Answer A stock is expected to

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KK Question 22 of 40 > >> A Moving to another question will save this response. 1 points Save Answer A stock is expected to return 8% in a normal economy, 15% if the economy booms, and lose 3% if the economy moves into a recessionary period. Economists predict a 59% chance of a normal economy, a 10% chance of a boom, and a 31% chance of a recession. The expected return on the stock is

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