Question: Based on the following information, calculate the expected return. Input area: State Probability Return Recession 0.2 -0.13 Boom 0.8 0.19 (Use cells A6 to C8

Based on the following information, calculate the expected return.

Input area:

State Probability Return
Recession 0.2 -0.13
Boom 0.8 0.19

(Use cells A6 to C8 from the given information to complete this question.)

Output area:

State Probability Return Product
Recession
Boom
Expected return

Display formula with excel

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