Question: Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.) Economic State Probability
Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.)
Economic State Probability Return
Fast growth 0.26 60 %
Slow growth 0.37 27
Recession 0.37 39
| what is the Expected return % ???? PLEASE SHOW STEPS AND GET IT RIGHT THANKS |
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