Question: Problem 10-2 Expected Return (LG10-1) Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2
Problem 10-2 Expected Return (LG10-1) Compute 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 26% Slow growth 0.38 Recession 0.34 -36 0.28 16 Expected return %
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