Question: Using the information in the table below: Outcome Probability Returns Boom 0.4 15% Normal 0.5 7% Recession 0.1 -1% What is the expected return?
Using the information in the table below:
Outcome Probability Returns
Boom 0.4 15%
Normal 0.5 7%
Recession 0.1 -1%
What is the expected return?
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