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The following information relates to Questions 19 to 23: State of Economy Probability Stock X Stock Y Boom 0.25 0.08 0.16 Normal 0.45 0.14 0.08

The following information relates to Questions 19 to 23: State of Economy

Probability

Stock X

Stock Y

Boom

0.25

0.08

0.16

Normal

0.45

0.14

0.08

Bust

0.30

0.25

0.12

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