Business
Business, 28.05.2021 01:40, ej02duncan1

A stock is expected to return 8% in a normal economy, 12% if the economy booms, and lose 3% if the economy moves into a recessionary period. Economists predict a 56% chance of a normal economy, a 25% chance of a boom, and a 19% chance of a recession. The expected return on the stock is __%.

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A stock is expected to return 8% in a normal economy, 12% if the economy booms, and lose 3% if the e...

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