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Based on the following information, what is the expected return? Based on the following information, what is the expected return? -le . State of Economy

Based on the following information, what is the expected return?

Based on the following information, what is the expected return? -le . State of Economy Recession Normal Boom Probability of State of Economy .32 .35 .33 Return if Rate of State Occurs 11.7e% 21.4e%

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