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Samuel estimates that there are three possible retum outcomes for a stock he is considering for purchase. He thinks that there is a 21% chance

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Samuel estimates that there are three possible retum outcomes for a stock he is considering for purchase. He thinks that there is a 21% chance the economy will boom and economy will continue at its current pace and the stock will retum 8% and a 51% the economy will fall into a recession and the stock will yield-4%. Given th, what is tenues expecte considering for purchase? O2.91% 6.04% 3.49% 4.19% 5.03% the the

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