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Based on the following information, the expected return is ________ percent. (Do not include the percent sign (%). Round your answer to 2 decimal places.
| Based on the following information, the expected return is ________ percent. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16)) |
| State of Economy | Probability of State of Economy | Portfolio Return if State Occurs |
| Recession | 0.2 | -0.07 |
| Normal | 0.55 | 0.14 |
| Boom | 0.25 | 0.33 |
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Weathering The Storm A Quick Guide To Safeguarding Your Finances During Economic Recession
Authors: Liam Wilhelm
1st Edition
979-8864393628
