Question: Compute the expected return given these three economic states, their likelihoods, and the potential returns: Round your answer to 1 decimal places.) Economic State-----------Probability-----------Return Fast

Compute the expected return given these three economic states, their likelihoods, and the potential returns: Round your answer to 1 decimal places.)

Economic State-----------Probability-----------Return

Fast growth------------------0.3---------------------40%

Slow growth------------------0.4----------------------10

Recession--------------------0.3------------------- -25 (negative 25)

Expected return%?

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