Question: Based on the following information, what is the expected return? State of Economy Recession Normal Boom Probability of State of Economy 31 .34 .35 Rate

Based on the following information, what is the expected return? State of Economy Recession Normal Boom Probability of State of Economy 31 .34 .35 Rate of Return if State Occurs -10.30% 11.80% 21.40% 8.31% 63% 11.50% 0 7.97% 14.70%
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