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Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.) Economic State Probability
Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.)
| Economic State | Probability | Return | |||
| Fast growth | 0.20 | 30 | % | ||
| Slow growth | 0.62 | 8 | |||
| Recession | 0.18 | 44 | |||
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Dividend Stocks For Dummies
Authors: Lawrence Carrel
1st Edition
0470466014, 978-0470466018
