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We know the following expected returns for stocks A and B, given different states of the economy: State (s) Probability E(r A,s ) E(r B,s
We know the following expected returns for stocks A and B, given different states of the economy:
| State (s) | Probability | E(rA,s) | E(rB,s) |
| Recession | 0.3 | -0.02 | 0.04 |
| Normal | 0.5 | 0.13 | 0.07 |
| Expansion | 0.2 | 0.21 | 0.11 |
What is the expected return for stock A,B,C?
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The Essential Nonprofit Fundraising Handbook
Authors: Michael A. Sand, Linda Lysakowski
1st Edition
1601630727, 978-1601630728
