Question: Based on the following information, what is the expected return? State of Economy Recession Norma Boom Probabillity of State of Economy Rate of Return State

 Based on the following information, what is the expected return? State

Based on the following information, what is the expected return? State of Economy Recession Norma Boom Probabillity of State of Economy Rate of Return State Occurs -9.60% 11.10% 21.40% 41 .31 0 763% ? 13.87% 11.19% ? 8.07% o 8.50%

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