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6. Calculating Expected Return [LO1] Based on the following information, calculate the expected return 6. Calculating Expected Return [LOI] Based on the following information, calcu-

image text in transcribed 6. Calculating Expected Return [LO1] Based on the following information, calculate the expected return

6. Calculating Expected Return [LOI] Based on the following information, calcu- late the expected return: State of Economy Recession Normal Boom Probability of State of Economy .10 .60 .30 Portfolio Return if State Occurs -.17 .08 .27

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