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please help A stock has an expected return of 10.80 percent. Based on the following information, what is the stock's return in a boom state

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A stock has an expected return of 10.80 percent. Based on the following information, what is the stock's return in a boom state of the economy? Probability of state of Koonomy state of Economy Recession Normal Boon rate of Return it State Occurs -11.11 12,6 Multiple Choice A project with an initial cost of $24.450 is expected to generate cash flows of $5,800, $7.900, $8.700, $7,600, and $6,600 over each of the next five years, respectively. What is the project's payback period? Multiple Choice 3.38 years 3.63 years 347 years 3.27 years 376 years

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