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Please use the data in the table below and answer the next two questions. Assume each state is equally likely. State Stock A Stock B
Please use the data in the table below and answer the next two questions. Assume each state is equally likely.
| State | Stock A | Stock B |
| Recession | 6% | -20% |
| Normal | 7% | 13% |
| Boom | 11% | 33% |
What is the expected return of Stock A? What is the expected return of Stock B?
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Financial Management For Nurse Managers Merging The Heart With The Dollar
Authors: J. Michael Leger
5th Edition
1284230937, 9781284230932
