Question: Compute the expected return given these three economic states, their probabilities, and the potential returns: Economic State Probability Return Fast Growth 25% 14% Slow Growth

 Compute the expected return given these three economic states, their probabilities,

Compute the expected return given these three economic states, their probabilities, and the potential returns: Economic State Probability Return Fast Growth 25% 14% Slow Growth 55% 11% Recession 20% 2% Enter your answer as a decimal with 4 places of precision

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