A stock has an expected return of 10.20 percent. Based on the following information, what...
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A stock has an expected return of 10.20 percent. Based on the following information, what is the stock's return in a boom state of the economy? Probability of State of Economy 23 46 Rote of Return if State Occurs -9.1% 10.6% State of Economy Recession Normal Boom 31 2610% 25.01% O 23.93% O 20.94% 2243%
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