Question: 2 . PL Lumber stock is expected to return 2 0 % in a booming economy, return 1 0 % in a normal economy, and
PL Lumber stock is expected to return in a booming economy, return in a normal economy, and lose in a recession. The probabilities of an economic boom, normal state, or recession are and respectively. The expected rate of return on this stock is ABCD
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