Question: Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to two decimal places and do not
Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to two decimal places and do not include a % symbol) Economic state Probability Return Fast growth 0.1 50% Slow growth 0.6 8% Recession 0.3 - 10%
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