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

Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 1 decimal place.) Probability Return Economic State Fast growth Slow growth Recession Expected retum Nanometrics, Inc. has a beta of 3.15. If the market return is expected to be 10 percent and the risk-free rate is 3.5 percent, what is Nanometrics required return? (Round your answer to 2 decimal places.) Nanometrics' required return
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