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URGENT PLEASE HELP show all work There is a stock you are considering purchasing, stock Y. Stock Y is now trading at $48/ share. The

URGENT PLEASE HELP show all work image text in transcribed
There is a stock you are considering purchasing, stock Y. Stock Y is now trading at $48/ share. The price of stock Y next year will be $39/ share if there is a recession, $60 if the economy is normal and $72 if the economy is expanding. The probability of a recession is 15% and normal is 55%. What is the expected return and standard deviation of stock Y

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