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Using the following information for McDonovan, Inc.'s stock, calculate the stock's expected return. State Probability. Return Boom 20% 40% Normal 60% 15% Recession 20% -20%

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Using the following information for McDonovan, Inc.'s stock, calculate the stock's expected return. State Probability. Return Boom 20% 40% Normal 60% 15% Recession 20% -20% O 16.5% 19% 13% 18% O 15.25%

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