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Roenfeld Corp. believes the following probability distribution exists for its stock. What is the expected return of the company's stock? State of the Economy. Probability.

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Roenfeld Corp. believes the following probability distribution exists for its stock. What is the expected return of the company's stock? State of the Economy. Probability. Expected Return Boom 0.45 15% Normal 0.50 15% Recession 0.05 5% 15.6% 16.5% 15.396 16.1% NO 14.5%

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