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Samuel estimates that there are three possible return outcomes for a stock he is considering for purchase. He thinks that there is a so chance
Samuel estimates that there are three possible return outcomes for a stock he is considering for purchase. He thinks that there is a so chance the economy will boom and his stock will return 24, a 11 chance the economy will continue at its current pace and the stock will return and as the economy will fall into a recession and the stock will yield 2. Given this, what is Samuel's expected return on this stock he is considering for purchase? 8.28 9.94 6.90% 14314 11.92
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