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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. (e.g.,
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 Recession Normal Boom Probability of State of Economy 0.1 0.55 0.35 Portfolio Return if State Occurs --0.05 0.14 0.3
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