Table shows the states of the economy, the probability of being in that state and the...

  

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Table shows the states of the economy, the probability of being in that state and the return on a particular stock during that state of the economy. What is the expected return of the stock, given the information in the Table. 4.10% 6.33% 8.33% None of the answers listed here. State of the Economy Probability Steady 35% Recession Expansion 45% 20% Return in state 7% -3% 15% Table shows the states of the economy, the probability of being in that state and the return on a particular stock during that state of the economy. What is the expected return of the stock, given the information in the Table. 4.10% 6.33% 8.33% None of the answers listed here. State of the Economy Probability Steady 35% Recession Expansion 45% 20% Return in state 7% -3% 15%

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