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A stock has the following estimated returns corresponding to forecasted economic states, what is its expected return? The stock's estimated State of economy Probability return
A stock has the following estimated returns corresponding to forecasted economic states, what is its expected return? The stock's estimated State of economy Probability return Boom 0.04 26% Normal 0.74 17% Recession 0.22 -44% 25.52% 23.30% 3.94% 13.62%
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