Business
Business, 19.12.2019 21:31, slippedsumo

Astock is expected to return 11% in a normal economy, 19% if the economy booms, and lose 8% if the economy moves into a recessionary period. the economists predict a 65% chance of a normal economy, a 25% chance of a boom, and a 10% chance of a recession. what is the expected return on the stock? a.11.10%b. 11.23%c. 12.06%d. 11.98%

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Astock is expected to return 11% in a normal economy, 19% if the economy booms, and lose 8% if the e...

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