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What is the expected return on this stock given the following information? Probability of State of Economy .15 State of the Economy Boom Normal Recession

What is the expected return on this stock given the following information? Probability of State of Economy .15 State of the Economy Boom Normal Recession Rate of Return if State Occurs 22% 11% -14% .60 .25 Multiple Choice 13.40% O O 8.99% o 6.40% (0) 14.25% 6.57%

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