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TURN MANAGEMENT formative forum-Graded 4) Stock A has the following returns for various states of the economy: State of the Economy Recession Below Average Average

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TURN MANAGEMENT formative forum-Graded 4) Stock A has the following returns for various states of the economy: State of the Economy Recession Below Average Average Above Average Boom Probability 9% 16% 51% 14% 10% Stock A's Return -72% -15% 16% 35% 85% Stock A's expected return is A) 16.5%. C) 13.8%. D) 12.7%. B) 9.9%

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