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 |
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