Question: Compute the expected return given these three economic states, their likelihoods, and the potential earns Note: Round your answer to 2 decimal places. Economic
Compute the expected return given these three economic states, their likelihoods, and the potential earns Note: Round your answer to 2 decimal places. Economic State Fast growth Slow growth Recession Expected return Probability 0.32 Return 42% 0.34 19 0.34 -16 %
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