Question
You recently purchased a stock that is expected to earn 13.2% in a booming economy, 7.5% in a normal economy and lose 6% in a
You recently purchased a stock that is expected to earn 13.2% in a booming economy, 7.5% in a normal economy and lose 6% in a recessionary economy. Each economic state is equally likely to occur. What is your expected rate of return on this stock?
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The Handbook Of Pairs Trading
Authors: Douglas S. Ehrman
1st Edition
0471727075, 9780471727071
