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1. Calculate Georges' Expected Rate of return given: = Pr Buddy Corporation faces the following probability distribution of returns for the coming year: State of
1. Calculate Georges' Expected Rate of return given: = Pr Buddy Corporation faces the following probability distribution of returns for the coming year: State of The Economy Probability Estimated Return Boom 0.50 35% Normal 0.35 20% Recession 0.15 5%
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