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Compute the expected return given these three economic states, their likelihoods, and the potential returns Economic State Probability Fast Growth 0.2 Slow Growth 0.6 Recession

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Compute the expected return given these three economic states, their likelihoods, and the potential returns Economic State Probability Fast Growth 0.2 Slow Growth 0.6 Recession 2.2. Return 23% 14% -30%

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