$\begin{array}{c}
\begin{array}{c}
\underline{\text {State of the economy}}\
\text {Boom}\
\text {Recession}
\end{array}
\begin{array}{c}
\underline{\text {Probability}}\
.3\
.7\

\end{array}
\begin{array}{c}
\underline{\text {Stock Q}}\
14 \% \
8\% \

\end{array}
\end{array}$

-What is the expected return of Stock P?
A) 15.3%
B) 10.9%
C) 17.1%
D) 14.4%
E) 15.8%

Question

$\begin{array}{c}
\begin{array}{c}
\underline{\text {State of the economy}}\
\text {Boom}\
\text {Recession}
\end{array}
\begin{array}{c}
\underline{\text {Probability}}\
.3\
.7\

\end{array}
\begin{array}{c}
\underline{\text {Stock Q}}\
14 \% \
8\% \

\end{array}
\end{array}$
  
-What is the expected return of Stock P?
A) 15.3%
B) 10.9%
C) 17.1%
D) 14.4%
E) 15.8%

Quizplus · Accepted Answer

The Answer of $\begin{array}{c}
\begin{array}{c}
\underline{\text {State of the economy}}\
\text {Boom}\
\text {Recession}
\end{array}
\begin{array}{c}
\underline{\text {Probability}}\
.3\
.7\

\end{array}
\begin{array}{c}
\underline{\text {Stock Q}}\
14 \% \
8\% \

\end{array}
\end{array}$
  
-What is the expected return of Stock P?
A) 15.3%
B) 10.9%
C) 17.1%
D) 14.4%
E) 15.8%

-What Is the Expected Return of Stock P? A) 15

-What Is the Expected Return of Stock P?
A) 15