Question: Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 1 decimal place.) Economic State Probability
Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 1 decimal place.)
Economic State Probability Return
Fast Growth 0.3 40%
Slow Growth 0.4 10
Recession 0.3 -25
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