Question: please solve it in 10 mins I will thumb you up 5 points Save Answer Question 1 You own a stock with an overall expected

 please solve it in 10 mins I will thumb you up

please solve it in 10 mins I will thumb you up

5 points Save Answer Question 1 You own a stock with an overall expected return of 14.40 percent. The economy is expected to either in recession or be normal. There is a 48 percent chance the economy will be in recession. If the economy is in recession, this stock is expected to return 17 percent. What is the expected return on the stock if the economy is normal? 11.85 percent 11.00 percent O 11.30 percent O 12.40 percent O 12.00 percent

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