Question: 3. The stock of Chocolate Galore is expected to produce the following returns given the various states of the economy. What is the expected

3. The stock of Chocolate Galore is expected to produce the following

3. The stock of Chocolate Galore is expected to produce the following returns given the various states of the economy. What is the expected return on this stock? State of Economy Recession Normal Boom Probability of State of Economy .02 .88 .10 Rate of Return -.06 11 17

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