Question: Expected return and standard deviation. Use the following information to answer the questions: a. What is the expected return of each asset? 7 decimal places
State of Economy Boom Normal Recession Probability of State 0.34 0.53 0.13 Return on Asset A in State 0.03 0.03 0.03 Return on Asset B in State 0.23 0.08 -0.04 Return on Asset C in State 0.32 0.19 -0.22
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