Question: help please A project's expected return is 22%, which represents a 34% return in a boom, a 10% return in a normal, and a 5%

help please help please A project's expected return is 22%, which represents a 34%

A project's expected return is 22%, which represents a 34% return in a boom, a 10% return in a normal, and a 5% return in a stagnant economy. What is the probability of a boom if these are the only three economic states and the probability of a stagnant economy is 17%? Multiple Choice 32.12% 53.54% 42.83% 742

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