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8 Consider the following information: State of Probability of Portfolio Return Economy State of Economy of State Occurs Recession 20 -10 Boom .80 ,20 1

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8 Consider the following information: State of Probability of Portfolio Return Economy State of Economy of State Occurs Recession 20 -10 Boom .80 ,20 1 points eBook References Calculate the expected return. (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected retum

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