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Suppose your expectations regarding the stock market are as follows: [ [ State of the Economy,Probability,HPR ] , [ Boom , 0 . 3 ,

Suppose your expectations regarding the stock market are as follows: [[State of the Economy,Probability,HPR],[Boom,0.3,44%
The stock of Business Adventures sells for $40 a share. Its likely dividend payout and end-of-year price depend on the state of the economy by the end of the year as follows:
\table[[,Dividend,Stock Price],[Boom,$2.00,$50
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