Question: Connect Only Problem 10-1 Expected Return (LG10-1) Compute the expected return given these three economic states, their likelihoods, and the potential returns: Note: Round

Connect Only Problem 10-1 Expected Return (LG10-1) Compute the expected return given these three economic states, their likelihoods, and the potential returns: Note: Round your answer to 2 decimal places. Economic State Fast growth Slow growth Recession Probability 0.23 Return 47% 0.32 24 0.45 -37 Expected return %

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