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6. What is the expected return for the Bollmann Manufacturing Company? Return Probability Recession -1% .20 Normal economy 5% .40 Economic expansion 15% .40 a)

6. What is the expected return for the Bollmann Manufacturing Company?

	Return	Probability
Recession	-1%	.20
Normal economy	5%	.40
Economic expansion	15%	.40

a) 7.8%

b) 11.50%

c)22.00%

d) 24.00%

Please choose correct answer and explain

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