Question: Compute the expected return for a security with the following projected returns. Projected Return (%) -11.18 5.41 13.84 19.48 23.17 State of the Economy Probability
Compute the expected return for a security with the following projected returns. Projected Return (%) -11.18 5.41 13.84 19.48 23.17 State of the Economy Probability Recession Moderate Average Good Outstanding 19 53 15 4 The expected return is %. (Round to two decimal places.)
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