Question: Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.) Economic State
Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.) Economic State Fast growth Slow growth Recession Probability 0.26 Return 27% 0.37 9 0.37 -17 Expected return 11.16 %
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