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ved. Final Exam 6 There is 6 percent probobility of recession, 21 percent probability of a poor economy, 47 percent probability of a normal economy,
ved. Final Exam 6 There is 6 percent probobility of recession, 21 percent probability of a poor economy, 47 percent probability of a normal economy, and 26 percent probablity of a boom. A stock has returns of -20.8 percent, 4.4 percent, 12.2 percent, and 27.9 percent in these states of the econormy, respectively. What is the stock's expected refurn? Mample croice 593x 156 11.61% 13.9% 1266%
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