Question: You own a stock which is expected to return 1 . 4 N in a booming economy and 9 N in a normal econonry. If
You own a stock which is expected to return N in a booming economy and N in a normal econonry. If the probability of a booming economy decreases, your expected return will:
decrearte.
either reman constant or decrease.
increase
ether remain conatant or increase.
reman comank.
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