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You recently purchased a stock with the following returns and probabilties. What is the Expected Return on this stock? State of Economy Booming Normal Recession

You recently purchased a stock with the following returns and probabilties. What is the Expected Return on this stock? State of Economy Booming Normal Recession 0.08 14 0.12 10 Probability of Return if State State Occurs 28 19 62 12 10 -.08
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You recently purchased a stock with the following returns and probabilties. What is the Expected Return on this stock? 08 14 12 10

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