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Stock A has the following returns for various states of the economy: State of the Economy Probability Stock A's Return Recession 0.07 -0.36 Below Average
Stock A has the following returns for various states of the economy: State of the Economy Probability Stock A's Return Recession 0.07 -0.36 Below Average 0.18 -0.08 Average 0.19 0.1 Above Average 0.21 0.16 Boom 0.35 0.38 The total probability is 1 Stock A's expected return is Blank 1. Calculate the answer by read surrounding text. . Report in decimal form, to the nearest 0.01%. E.g., if your answer is 15.83%, record it as 0.1583.
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