Business, 10.12.2019 06:31, rileyallen4186pd5tgy

Consider the following information:
probability of state rate of return if state occurs
economy of economy stock a stock b
recession .20 .010 – .35
normal .55 .090 .25
boom .25 .240 .48
a. calculate the expected return for the two stocks.'

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Consider the following information:
probability of state rate of return if state occurs