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The return on shares of Fast Transportation Company is predicted under the following various economic conditions: Recession -0.11 Normal + 0.09 Boom + 0.21 If
The return on shares of Fast Transportation Company is predicted under the following various economic conditions: Recession -0.11 Normal +0.09 Boom +0.21 If each economic state has the same probability of occurring (33.33%), what is the expected return of the stock? *Place your answer in decimal form with four decial points. That is, an answer of fifteen and two-thirds pwould be inputted as .1567.
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