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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 9% -0.69 Below Average
Stock A has the following returns for various states of the economy:
State of the Economy | Probability | Stock A's Return |
Recession | 9% | -0.69 |
Below Average | 16% | -0.11 |
Average | 51% | 0.076 |
Above Average | 14% | 0.11 |
Boom | 10% | 0.22 |
Stock A's expected return is
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