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What is the expected return on the following stock? Economic State Probability of State Return on Stock Boom 15% 28% Normal 65% 12% Recession 20%

What is the expected return on the following stock? Economic State Probability of State Return on Stock Boom 15% 28% Normal 65% 12% Recession 20% -30% A 6% B 9% C 12% D 15%

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