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Based on the following information, what is the expected return? Probability of State of Economy Sta of Economy Recession Normal Boom .23 .46 Rate of

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Based on the following information, what is the expected return? Probability of State of Economy Sta of Economy Recession Normal Boom .23 .46 Rate of Return State Occurs - 9.105 10.603 21.405 2:38 .31 Multiple Choice 7.63% 9.42% 8.53% 7,63% :31:59 9.42% O 8.53% O 13.60% O 11.51%

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