Question: 1. 6. Calculating expected return [LO 13.1] Based on the following information, calculate the expected return: State of Probability of Portfolio return economy state of
1. 6.
Calculating expected return [LO 13.1] Based on the following information, calculate the expected return:

State of Probability of Portfolio return economy state of economy if state occurs Recession 0.10 -0.15 Normal 0.60 0.09 Boom 0.30 0.23
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