Question: A stock is expected to return 9% in a normal economy, 144. If the economy booms, and lose 6% if the economy moves into a

A stock is expected to return 9% in a normal economy, 144. If the economy booms, and lose 6% if the economy moves into a recessionary period. Economists predicta 56% chance of a normal economy, a 18% chance of a boom, and a 26% chance of a recession. The expected return on the stock is

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