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IIA. Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns

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IIA. Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What are the expected return and standard deviation for Carson Inc. stock? Economic Conditions Prob. Return Strong 30% 40.0% Normal 40% 10.0% Weak 30% - 16.0% IIB. Explain the difference between systematic and unsystematic risk. Also explain why one of these types of risks is rewarded with a risk premium while the other type is not

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