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Roenfeld Corp believes the following probability distribution exists for its stock. ProbabilityStock's State ofof StateExpected the EconomyOccurringReturn Boom0.3520% Normal0.5015% Recession0.15 -10% What is the expected
Roenfeld Corp believes the following probability distribution exists for its stock.
ProbabilityStock's
State ofof StateExpected
the EconomyOccurringReturn
Boom0.3520%
Normal0.5015%
Recession0.15 -10%
What is the expected return on this stock?
16.5%
21.0%
14.5%
13.0%
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