Question: Compute the expected return given these five economic states. Answer to two decimal places. State Probability Return Raging Bull Market 10% 25% Mild Bull Market

Compute the expected return given these five economic states. Answer to two decimal places. State Probability Return Raging Bull Market 10% 25% Mild Bull Market 15% 15% Neutral Market 40% 5% Mild Bear Market 15% -10% Deep Bear Market 10% -20%

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