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Use the following information to calculate your company's expected return. State Probability Return Boom 20% 0.44 Normal 60% 0.10 Recession 20% -0.15
Use the following information to calculate your company's expected return.
State Probability Return
Boom 20% 0.44
Normal 60% 0.10
Recession 20% -0.15
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
