Question: Compute the expected return given these three economic states, their likelihoods, and the potential returns. Economic State Probability Return Fast Growth 0 . 1 5

Compute the expected return given these three economic states, their likelihoods, and the potential returns.
Economic State Probability Return
Fast Growth 0.150%
Slow Growth 0.68%
Recession 0.310%
Multiple Choice
6.8 percent
12.8 percent
16.0 percent
22.7 percent

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