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The current consumer price index (CPI) is 1 and ten years later is expected to be 3.5. Ten years from now, the dollar is expected

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The current consumer price index (CPI) is 1 and ten years later is expected to be 3.5. Ten years from now, the dollar is expected to become: A) 52 cents. B) 28.57 cents. C) 1 dollar D) 32.95 cents. North Around, Inc. stock is expected to return 22 percent in a boom, 13 percent in a normal economy, and -15 percent (negative 15%) in a recession. The probabilities of a boom, normal economy, and a recession are 6 percent, 92 percent, and 2 percent, respectively. What is the expected return on this stock? OA) 16.96% B) 12.98% OC) 14.84% D) 10.74% E) 8.51%

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