Question: Question 5 (5 points) You are analyzing a stock that has the following returns given the various states of economy. State of Probability Return Economy

 Question 5 (5 points) You are analyzing a stock that has
the following returns given the various states of economy. State of Probability

Question 5 (5 points) You are analyzing a stock that has the following returns given the various states of economy. State of Probability Return Economy Recession 0.12 -6.90 Normal 0.68 6.80 Boom 0.2 15.20 What is the expected return on this stock? (Round your answer to the nearest hundredth; two decimal places) Your Answer: Answer units FINA3110 Help Save & Exit You have a portfolio of two stocks that has a total value of $46,000 The portfolio is 58 per cent invested in Stock J. If you own 275 shares of Stock what is Stock K's share price

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