Question: Whats the expected return ?? Consider the following information Probability of State of Rate of Return if State State of Economy Recession Normal Boom Economy

 Whats the expected return ?? Consider the following information Probability of

Whats the expected return ??

Consider the following information Probability of State of Rate of Return if State State of Economy Recession Normal Boom Economy 21 .45 34 Occurs -.04 15 26 Calculate the expected return

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