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Suppose you think a boom will occur only 20 percent of the timeinstead of 50 percent. What are the expected returns on Stocks Uand L

Suppose you think a boom will occur only 20 percent of the timeinstead of 50 percent. What are the expected returns on Stocks Uand L in this case? If the risk-free rate is 10 percent, what arethe r 2 answers

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