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please answer now Question 2 Question 2 of 2 1 points Midwest Fastener Supply stock is expected to return 16 percent in a booming economy.

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Question 2 Question 2 of 2 1 points Midwest Fastener Supply stock is expected to return 16 percent in a booming economy. 12 percent in a normal economy and -3 percent in a recession. The probabilities of an economic boom, normal state, or recession are 12 percent, 80 percent, and 8 percent, respectively. What is the expected rate of return on this stode a. 10.67 percent O b. 11.91 percent O c. 11.28 percent d. 10.95 percent Oe. 11.70 percent SUAM Assignment and 1 OH E Type here to search Delta VERT Dets F12 11 F10 FO FB F6 F5 F4 F2 F3 8 ESC % & 7 Y 0 94 # 8A 61

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