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7:52
12-month U.S. recession probability high 50%: Berezin
5 months ago
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There is an 11 percent probability of recession, a 14 percent probability of a poor economy, a 44 percent probability of a normal economy, and a 31 percent probability of a boom. A stock has returns of -19.3 percent, 2.9 percent, 10.7 percent, and 26.4 percent in these states of the economy, respectively. What is the stock's expected return?Multiple Choice10.24.30.42%5.18.18%
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Answered: There is 9 percent probability of recession, 24 percent probability of a poor economy, 44 percent probability of a normal economy, and 23 percent probability of… | bartleby
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