Question: Given the following information for Highway Ltd, the expected return is ____ %. State of the Economy Probability Return Expansion 0.40 13% Sustained growth 0.42
Given the following information for Highway Ltd, the expected return is ____ %.
| State of the Economy | Probability | Return |
| Expansion | 0.40 | 13% |
| Sustained growth | 0.42 | 9.5% |
| Recession | 0.18 | 3% |
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