The return on shares of Fast Transportation Company (FTC) is predicted under the following various economic conditions:
Posted: Sun Jul 03, 2022 12:53 pm
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?