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

Question 47

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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 ____.


A) 7.8%
B) 11.4%
C) 11.7%
D) 13.0%

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