Compute the expected return given these economic states, their likelihoods, and the potential returns:

Apply Exercise https:/ ucation.com/flow/connect.html ercise Compute the expected return given these three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast Growth Slow Growth Recession 0.48 8.55 0.05 25% 12% -50% ces Multiple Choice 29.0 per