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1 6) Based on the following information, calculate the expected return: State of Economy Probability Recession 0.1 Normal 0.6 Boom 0.3 Portfolio Return -0.18 0.11

1 6) Based on the following information, calculate the expected return: State of Economy Probability Recession 0.1 Normal 0.6 Boom 0.3 Portfolio Return -0.18 0.11 0.26

6) Based on the following information, calculate the expected return

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