Question: ompute the expected return given these three economic states, their likelihoods, and the potential returns: ( Round your answer to 2 decimal places. ) Economic

ompute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.)
Economic State Probability Return
Fast growth 0.2627%
Slow growth 0.379
Recession 0.3717

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