Question: Based on the following information, what is the expected return? Probability of State of Economy 21 24 Rate of Return if Economy Recession Normal Boom
Based on the following information, what is the expected return? Probability of State of Economy 21 24 Rate of Return if Economy Recession Normal Boom State Occ -11.30% 12.80% 21.40% 10.05% 12.47% 763% 14.84% 17.22%
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