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You recently purchased a stock that is expected to earn 1 6 percent in a booming economy, 1 1 percent in a normal economy and

You recently purchased a stock that is expected to earn 16 percent in a booming economy, 11 percent in a normal economy and lost 2 percent in a recessionary economy. There is a 18 percent probabilty of a boom,64 percent chance of a normal economy
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