Question: A stock is expected to return 9 in a normal economy, 13% if the economy booms, and lose 6 of the economy moves into a

 A stock is expected to return 9 in a normal economy,

A stock is expected to return 9 in a normal economy, 13% if the economy booms, and lose 6 of the economy moves into a recessionary period Economists predict a 58chance of a normal economy, a 23 chance of a boom, and a 19% chance of a recession. The expected return on the stock

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