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The return on shares of Fast Transportation Company (FTC) is predicted under the following various economic conditions:
Posted: Sun Jul 03, 2022 12:52 pm
by answerhappygod
- The Return On Shares Of Fast Transportation Company Ftc Is Predicted Under The Following Various Economic Conditions 1 (46.57 KiB) Viewed 13 times
The return on shares of Fast Transportation
Company (FTC) is predicted under the following various economic conditions: Recession -0.04 Normal +0.08 Boom +0.17 Analysts estimate the probability of recession at .40, the probability of normal conditions at 0.40, and the probability of an economic boom at 0.20. What is the expected return of the stock? Work your analysis out using at least four decimal places of accuracy, and place your answer in decimal form with four decimal points. That is, an answer of fifteen and two-thirds pwould be inputted as.1567.