Question
Table shows the states of the economy, the probability of being in that state and the return on a particular stock during that state
Table shows the states of the economy, the probability of being in that state and the return on a particular stock during that state of the economy. What is the expected return of the stock, given the information in the Table. 4.10% 6.33% 8.33% None of the answers listed here. State of the Economy Probability Steady 35% Recession Expansion 45% 20% Return in state 7% -3% 15%
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Business Statistics In Practice
Authors: Bruce Bowerman, Richard O'Connell
6th Edition
0073401838, 978-0073401836
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