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Marty Inc stock is expected to return 24.4% in a booming economy, 10.6% in a...

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Accounting

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Marty Inc stock is expected to return 24.4% in a booming economy, 10.6% in a normal economy, and 0.2% in a recession. The probabilities of an economic boom, normal state, or recession are 5%, 859%, and 10%, respectively. what is the expected rate of return on this stock

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