Question: A share has the following expected returns: In a boom economy, the return on the share is estimated to be - 1 0 % .
A share has the following expected returns:
In a boom economy, the return on the share is estimated to be There is a chance there will be a boom economy.
In a normal economy, the return is estimated to be There is a chance there will be a normal economy.
In a recession economy, the return is estimated to be There is a chance there will be a recession economy.
Given this information, what is the expected return for this share?
a
b
c
d
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