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The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the stock's expected
The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the stock's expected return? Prob State Boom 10% Normal 70% Recession 20% E(R) 40% 20% -25% 13.00% 19.90% 26.00% 9.17% None of the listed items is correct
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