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Business, 04.11.2020 17:50 littlelyna2love

g You are comparing Stock A to Stock B. Stock A will return 9 percent in a boom and 4 percent in a recession. Stock B will return 15 percent in a boom and lose 6 percent in a recession. The probability of a boom is 60 percent with a 40 percent chance of a recession. Given this information, which one of these two stocks should you prefer and why

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