$\begin{array}{c}
\begin{array}{c}
\underline{\text {State of the economy}}\
\text {Boom}\
\text {Normal}\
\text {Recession}
\end{array}
\begin{array}{c}
\underline{\text {Probability}}\
.4\
.3 \
.3
\end{array}
\begin{array}{c}
\underline{\text {Stock R}}\
32 \% \
10 \% \
-9 \%
\end{array}
\end{array}$

-What is the expected return of Stock R?
A) 12.42%
B) 14.11%
C) 10.05%
D) 13.10%
E) 11.65%

Question

$\begin{array}{c}
\begin{array}{c}
\underline{\text {State of the economy}}\
\text {Boom}\
\text {Normal}\
\text {Recession}
\end{array}
\begin{array}{c}
\underline{\text {Probability}}\
.4\
.3 \
.3 
\end{array}
\begin{array}{c}
\underline{\text {Stock R}}\
32 \% \
10 \% \
-9 \%
\end{array}
\end{array}$

-What is the expected return of Stock R?
A) 12.42%
B) 14.11%
C) 10.05%
D) 13.10%
E) 11.65%

Quizplus · Accepted Answer

The Answer of $\begin{array}{c}
\begin{array}{c}
\underline{\text {State of the economy}}\
\text {Boom}\
\text {Normal}\
\text {Recession}
\end{array}
\begin{array}{c}
\underline{\text {Probability}}\
.4\
.3 \
.3 
\end{array}
\begin{array}{c}
\underline{\text {Stock R}}\
32 \% \
10 \% \
-9 \%
\end{array}
\end{array}$

-What is the expected return of Stock R?
A) 12.42%
B) 14.11%
C) 10.05%
D) 13.10%
E) 11.65%

-What Is the Expected Return of Stock R? A) 12

-What Is the Expected Return of Stock R?
A) 12