Question: state probability return boom 20% 0.36 normal 60% 0.11 recession 20% -0.16 use the ff information to calculate your companys expected return
| state | probability | return |
| boom | 20% | 0.36 |
| normal | 60% | 0.11 |
| recession | 20% | -0.16 |
use the ff information to calculate your companys expected return
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