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What are the expected returns for stock A and stock B? State Probability Return on A Return on B Boom .70 0.35 0.10 Bust .30
What are the expected returns for stock A and stock B?
| State | Probability | Return on A | Return on B |
| Boom | .70 | 0.35 | 0.10 |
| Bust | .30 | 0.05 | 0.25 |
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Financial Management
Authors: Geoffrey Knott
4th Edition
1403903824, 9781403903822
