Question: 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

Problem 10-1 Expected Return (LG10-1) Compute the expected return given these three

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 Expected return Probability 0.19 Return 37% 0.42 20 0.39 -13 %

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