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a) SD Ltd's management provides the following details to the financial manager. The management decides to evaluate the bellow three investment options in different economic

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a) SD Ltd's management provides the following details to the financial manager. The management decides to evaluate the bellow three investment options in different economic conditions to decide. Calculate the expected return Economic condition Probability Boom 0.3 Recession 0.2 depression 0.1 recovery 0.4 Investment Y Return Return 0.12 0.22 0.09 0.15 0.02 0.01 0.18 0.16 Z Return 0,07 0.03 0.01 0.1

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