Question: Based on the following information, calculate the expected returns Prob Return Recession 30% 31.2% Boom 70% 18.5% Enter answer in percentages rounded off to two
Based on the following information, calculate the expected returns
| Prob | Return | |
| Recession | 30% | 31.2% |
| Boom | 70% | 18.5% |
Enter answer in percentages rounded off to two decimal points
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
