You recently purchased a stock that is expected to earn 14 percent in a booming economy, 9 percent in a normal economy, and lose 4 percent in a recessionary economy. There is 18 percent probability of a boom, 60 percent chance of a normal economy, and 22 percent chance of a recession. What is your expected rate of return on this stock

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?