Question: Compute the expected return given these three economic states, their likelihoods, and the potential returns: Note: Round your answer to 1 decimal place. Economic State
Compute the expected return given these three economic states, their likelihoods, and the potential returns: Note: Round your answer to 1 decimal place. Economic State Fast growth slow growth Recession Probability 0.3 0.4 0.3 Return 408 Expected return
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