Question: Based on the following information, calculate the expected return. Input area: State Probability Return Recession 0 . 1 0 ( 0 . 1 7 )

Based on the following information, calculate the expected return.
Input area:
State Probability Return
Recession 0.10(0.17)
Normal 0.600.08
Boom 0.300.27
(Use cells A6 to C9 from the given information to complete this question.)
Output area:
State Probability Return Product
Recession
Normal
Boom
Expected return
PLEASE USE EXCEL FORUMLA

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