Based on the following information, what is the expected return? (Input decimal, keep 4 digits. For...
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Based on the following information, what is the expected return? (Input decimal, keep 4 digits. For example, if you get 7.56%, then input 0.0756.) Probability of State of Rate of Return if State of Economy Economy Recession .24 State Occurs -9.20% Normal .45 10.70% Boom .31 21.40% Based on the following information, what is the expected return? (Input decimal, keep 4 digits. For example, if you get 7.56%, then input 0.0756.) Probability of State of Rate of Return if State of Economy Economy Recession .24 State Occurs -9.20% Normal .45 10.70% Boom .31 21.40%
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