Question: 1 points A stock is expected to return 3 in a normal economy, 15% if the economy booms and lose 3W if the economy moves

 1 points A stock is expected to return 3 in a

1 points A stock is expected to return 3 in a normal economy, 15% if the economy booms and lose 3W if the economy moves into a recessionary period. Economists predicta 63% chance of a normal economy, a 10% chance of a boom, and a 27% chance of a recession. The expected return on the stock is

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