Question: Compute the expected return given these three economic states, their likelihoods and the potential returns: Fast growth 0.30 Probability 46% return Slow growth 0.33 probability

Compute the expected return given these three economic states, their likelihoods and the potential returns: Fast growth 0.30 Probability 46% return Slow growth 0.33 probability 14 return recession 0.37 probability -41 return

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