Compute the expected rate of return for jack

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Reference no: EM131478432

The stocks for Jack and Jill have the following distributions:

Economy Probability Jack Jill

Recession 50% 8% 14%

Average 30% 14% 17%

Boom 20% 20% 22%

A) Compute the expected rate of return for Jack.

B) Compute the expected rate of return for Jill.

Reference no: EM131478432

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