The return on shares of Fast Transportation Company (FTC) is predicted under the following various economic conditions:

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answerhappygod
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The return on shares of Fast Transportation Company (FTC) is predicted under the following various economic conditions:

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The return on shares of Fast Transportation Company (FTC) ispredicted under the following various economic conditions:Recession -0.01Normal +0.04Boom +0.24Analysts estimate the probability of recession at .40, theprobability of normal conditions at 0.15, andthe probability of an economic boomat 0.45.What is the expected return of the stock?
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