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What is the expected return on a security given the above information State of Economy Rate of Return Recession Normal Boom Probability of State of

What is the expected return on a security given the above information

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State of Economy Rate of Return Recession Normal Boom Probability of State of Economy 0.14 0.75 0.11 0.18 0.11 -0.05 What is the expected return on a security given the above information? 10.22 percent 09.97 percent 9.43 percent O 8.78 percent

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