Question: Compute the expected return given these three economic states, their likelihoods, and the potential returns Economic State - Fast Growth, Probability .3, Return 31.4% Economic

Compute the expected return given these three economic states, their likelihoods, and the potential returns

Economic State - Fast Growth, Probability .3, Return 31.4%

Economic State - Slow Growth, Probability .5, Return 6.70%

Economic State - Recession, Probability .2 Return -2.70%

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