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Suppose your expectations regarding the stock market are as follows State of the Economy Boom Normal growth Recession Probability HPR 41% 0.3 0.624 0.1-18 use

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Suppose your expectations regarding the stock market are as follows State of the Economy Boom Normal growth Recession Probability HPR 41% 0.3 0.624 0.1-18 use above equations to compute the mean and standard deviation of the HPR on stocks. (Do not round intermediate calculat Mean Standard deviation

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