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State of the market Probability Ending Price Dividends Boom 0.40 125 15 Normal growth 0.40 115 8 Recession 0.20 90 3 The starting price is

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State of the market Probability Ending Price Dividends Boom 0.40 125 15 Normal growth 0.40 115 8 Recession 0.20 90 3 The starting price is $100. Compute the expected value (mean) of HPR (Holding Period Return) on stocks. If your answer is 59.51% then put 59.5 as

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