Question: Compute the expected return given these three economic states, their likelihoods,and the potential returns: (Round your answer to 2 decimal places.) Economic StateProbabilityReturnFast growth0.2466%Slow growth0.3628Recession0.40-29
Compute the expected return given these three economic states, their likelihoods,and the potential returns:(Round your answer to 2 decimal places.)
Economic StateProbabilityReturnFast growth0.2466%Slow growth0.3628Recession0.40-29
Expected return%
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