Question: ans fast ill give thunbs up Given the expected returns and probabilities of various states of the world in this table, what is the expected
ans fast ill give thunbs up
Given the expected returns and probabilities of various states of the world in this table, what is the expected retum for Dancine Company? State of the Economy Probability of State Return on State Boom .30 18% Steady 55 10% Recession .15 -5% -0.75% 12.40% 9.45% 10.15%
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