Question: Compute the expected return given these three economic states, their likelihoods, and the potential returns: Note: Round your answer to 2 decimal places. Economic State

Compute the expected return given these three economic states, their likelihoods, and the potential returns:
Note: Round your answer to 2 decimal places.
Economic State Probability Return
Fast growth 0.2161%
Slow growth 0.4640
Recession 0.3332

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