Question: Complete on an EXCEL spreadsheet - show steps/formulas inputted into Excel What is the expected return for the following stock? State Probability Return Average .50

Complete on an EXCEL spreadsheet - show steps/formulas inputted into Excel

What is the expected return for the following stock?

State Probability Return
Average .50 .25
Recession .35 .05
Depression .15 -.35

State Average Recession Depression

Probability Return .50 .25 .35 .05 .15 .35

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