An investment analyst estimates the following probabilities of return depending on the state of the economy. Business conditions Boom Good Normal Recession Poor Probability 0.05 0.25 0.40 0.25 0.05...



  1. An investment analyst estimates the following probabilities of return depending on the state of the economy.















































Business conditions



Boom



Good



Normal



Recession



Poor



Probability



0.05



0.25



0.40



0.25



0.05



Petronas share return %



12



10



4



-2



-7



Maxis share return %



26



12



8



-6



-22



Berjaya share return %



41



23



12



-27



-55




Compute the expected rate of return and



Jun 06, 2022
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