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State of the Economy Probability HPR Boom .30 18% Normal growth .50 12% Recession .20 - 5% You have been given the above probability distribution

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State of the Economy Probability HPR Boom .30 18% Normal growth .50 12% Recession .20 - 5% You have been given the above probability distribution for the holding period return for KMP stock: What is the expected holding period return for KMP stock? 11.54% 10,40% 11.63% 9.329

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