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The following are your predictions of 3 possible states of the economy and estimated rates of return for NXS Corporation common stock. Given this

The following are your predictions of 3 possible states of the economy and estimated rates of return for NXS

The following are your predictions of 3 possible states of the economy and estimated rates of return for NXS Corporation common stock. Given this information, what is the stock's expected return? Rapid Growth Normal Growth Recession a) 23.0% b) 22.5% c) 20.9% Probability 30% 50% 20% d) 13.0% e) 25.0% Return 35% 15% -25%

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