Question: Compute the expected return given these three economic states, their likelihoods, and the potential returns Economic State Probability Fast Growth 0.2 Slow Growth 0.6 Recession
Compute the expected return given these three economic states, their likelihoods, and the potential returns Economic State Probability Fast Growth 0.2 Slow Growth 0.6 Recession 2.2. Return 23% 14% -30%
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