Question: STATE PROB RETURN Recession 1 0 % - 2 4 % Average 6 0 % 1 0 % Boom 3 0 % 3 9 %

STATE PROB RETURN
Recession 10%-24%
Average 60%10%
Boom 30%39%
What is the expected return?
2.4
6.0
8.3
10.0
15.3
17.7
24.3
25.0
 STATE PROB RETURN Recession 10%-24% Average 60%10% Boom 30%39% What is

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