Question: Use the information shown in the table. What is the expected rate of return? Enter your answer in the box shown below as a decimal
Use the information shown in the table. What is the expected rate of return? Enter your answer in the box shown below as a decimal number (not as a percentage) with 4 digits to the right of the decimal point, State of Economy Probability of State Rate of Return if State Occurs Recession 0.2 -0.22 Normal 0.10 Boom 0.26 0.5 0.3 Your
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