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Calculate the expected return Consider the following information: Probability of State of Rate of Return if State State of Economy Economy Occurs Recession .21 -08

Calculate the expected return

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Consider the following information: Probability of State of Rate of Return if State State of Economy Economy Occurs Recession .21 -08 Normal .45 .12 Boom .34 .28 Calculate the expected return. Multiple Choice O 13.77% O 13.90% O 12.58% 2.13% O 13.24%

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