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Suppose the current stock price is $10/share and your expectation regarding the stock market at the end of the year are as follows: State of
Suppose the current stock price is $10/share and your expectation regarding the stock market at the end of the year are as follows: State of the Economy Likelihood Stock Price Dividend Boom 0.3 $12 $0 5/share Normal 0.4 $11 None Recession 0.3 $8 None What is the expected return? What is the standard deviation of future return
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Broadcasting Finance In Transition
Authors: Jay G. Blumler, T. J. Nossiter
1st Edition
0195050894, 978-0195050899
