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Question 5 (5 points) You are analyzing a stock that has the following returns given the various states of economy State of Economy Probability Return

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Question 5 (5 points) You are analyzing a stock that has the following returns given the various states of economy State of Economy Probability Return Recession 0.12 -2.70 Normal 0.68 7.80 Boom 0.2 15.80 What is the expected return on this stock? (Round your answer to the nearest hundredth; two decimal places) Your Answer: Answer units

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