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An Analyst Believes That a Stock's Return Depends on the State

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An analyst believes that a stock's return depends on the state of the economy,for which she has estimated the following probabilities: An analyst believes that a stock's return depends on the state of the economy,for which she has estimated the following probabilities:   According to the analyst's estimates,the expected return of the stock is ____. A) 7.8% B) 11.4% C) 11.7% D) 13.0% According to the analyst's estimates,the expected return of the stock is ____.


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