Question: 25 Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns Probabilit Fast Growth Slow Growth Recession Return

 25 Expected Return Compute the expected return given these three economic

25 Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns Probabilit Fast Growth Slow Growth Recession Return 31% 11% -20% 8 16.0% 9.3% 14.0% 14.5%

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