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Question 6 15.5 pts Roenfeld Corp believes the following probability distribution exists for its stock. Probability Stock's State of of State Expected the Economy. Occurring

Question 6 15.5 pts Roenfeld Corp believes the following probability distribution exists for its stock. Probability Stock's State of of State Expected the Economy. Occurring Return Boom 0.35 20% 0.50 15% Normal Recession 0.15 - 10% What is the expected return on this stock? 16.5% O 13.0% O 14.5% O 21.0%

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