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What is the risk premium for the following returns if the risk-free rate is 5%, and the expected return on the market is 15%? State

What is the risk premium for the following returns if the risk-free rate is 5%, and the expected return on the market is 15%? State Probability Return Boom .15 .60 Good .50 .20 Recession .25 -.10 Depression .10 -.30

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