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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

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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 5 Fast growth 0.20 Return 55% Slow growth 0.58 22 Recession 0.22 -33 es Expected return 13.00 %

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