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Stock A has the following returns for various states of the economy: Economy Probability Stock A's Return Recession 20% -30% Average 40% 10% Boom 40%
Stock A has the following returns for various states of the economy:
Economy Probability Stock A's Return
Recession 20% -30%
Average 40% 10%
Boom 40% 40%
Stock A's expected return is?
- 10%
- 11%
- 12%
- 14%
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