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Surprise news about a company that the market uses influences the return on the stock. Multiple Choice unexpected expected 12. Expected Return on Stock If the economy booms, the Wildcat Company stock will have a retuin of 23.4 percent, if the economy goes into a recession, the stock will have a loss of 14.2 percent. The probabiilty of a boom is 65 percent while the probability of a recession is 35 percent. What is the expected return for this stock? Numeric feosponse