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XCO 0 Question 16 Stock A has the following returns for various states of the economy: State of Economy Probability Stock A's Return Recession 10%

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XCO 0 Question 16 Stock A has the following returns for various states of the economy: State of Economy Probability Stock A's Return Recession 10% -40% Below Average 25% -10% Average 30% 8% Above Average 25% 15% Boom 10% 30% Stock A's expected return is 3.75% 2.65% 9.15% -6.50%

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