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Business, 15.04.2020 05:16 jazminecousart3

An analyst is considering an investment in Treetops Inc. and has gathered the following information. What is the expected return for a share of the firm's stock?
State of the Economy Probability of the State Conditional Expected Return Treetops Inc
Recession 20 -20%
Steady 40 10%
Boom 40 35%
a. 14.00%
b. 5.00%
c. 8.33%
d. 625%

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