Question: Based on the information below what would be the expected return for this portfolio (round 2 decimal places) State of Economy Probability of State of
Based on the information below what would be the expected return for this portfolio (round 2 decimal places)
State of Economy Probability of State of Economy Portfolio Return if occurs Recession 0.18 -0.11
Normal 0.54 0.16
Boom 0.28 0.24
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