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n economy and lose 6 percest in a recessionary sconomy There is a 16 percent probability of a boom You recently purchased a stock that

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n economy and lose 6 percest in a recessionary sconomy There is a 16 percent probability of a boom You recently purchased a stock that is expected to earn 14 percent in a booming economy, 8 percent in o normal 75 percent chance of a nomal economy what is your expected rote of return on this stock O 649 600 O 70 878 0 808

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