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Question 3 1.5 Points An analyst has estimated the return on XYZ stock in various economic states. *** Economy Boom Good time Moderate Slow Recession

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Question 3 1.5 Points An analyst has estimated the return on XYZ stock in various economic states. *** Economy Boom Good time Moderate Slow Recession Probability 0.1 0.2 0.4 0.2 0.1 Return 30% 15% 10% 5% -20% D What is the expected return for XYZ? E A 99 B 12% 896 D 10%

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