Hal Enterprises Stock Has an Expected Return of 10

question 34

Multiple Choice

Hal Enterprises stock has an expected return of 10.2 percent. Given the information below, what is the expected return if the economy is in a recession?

• A) -12.94 percent
• B) -11.71 percent
• C) -11.28 percent
• D) -10.76 percent
• E) -10.03 percent