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uestion 4 (5 points) Fly High Inc's stock return will be 20.7% in economic expansion and -13% in economic recession. Assume that the probability of

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uestion 4 (5 points) Fly High Inc's stock return will be 20.7% in economic expansion and -13% in economic recession. Assume that the probability of economic expansion and recession is 64% and 36%, respectively. The standard deviation of the stock return is 13.16% 12.06% 14.17% 9.15% 16.18% expected to

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