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6) Consider the following information: Probability of State of Rate of Return if State State of Economy Economy Occurs Recession 0.11 -0.07 Normal 0.65 0.14

6) Consider the following information: Probability of State of Rate of Return if State State of Economy Economy Occurs Recession 0.11 -0.07 Normal 0.65 0.14 Boom 0.24 0.31 Calculate the expected retu...

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