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Suppose your expectations regarding the stock market are as follows: State of the Economy Probability HPR Boom 0.4 38% Normal growth 0.3 21 Recession 0.3
Suppose your expectations regarding the stock market are as follows: |
State of the Economy | Probability | HPR |
Boom | 0.4 | 38% |
Normal growth | 0.3 | 21 |
Recession | 0.3 |
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