Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round...
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Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.) Economic State Fast growth Slow growth Recession Probability 0.21 Return 43% 0.46 9 0.33 -23 Expected return % Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.) Economic State Fast growth Slow growth Recession Probability 0.21 Return 43% 0.46 9 0.33 -23 Expected return %
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