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Question 29 6 points Samuel estimates that there are three possible return outcomes for a stock he is considering for purchase. He thinks that there
Question 29 6 points Samuel estimates that there are three possible return outcomes for a stock he is considering for purchase. He thinks that there is a 29% chance the economy will boom and his stock will return 16%, 25% chance the economy will continue at its current pace and the stock will return 4 and a 46% the economy will fall into a recession and the stock will yield. Given this what is Samuel's expected return on this stock he is considering for purchase? 3.48 2.42% 2.024 2.90%
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