Question: Calculate the expected return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Consider the following
Calculate the expected return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Consider the following information State of Probability of Economy State of Economy Recession Normal Boom Portfolio Return If State Occurs 0.20 0.45 0.35 -0.14 0.10 0.36
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