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Compute the expected return given these three economic states, their likelihoods, and the potential returns: Economic State Fast Growth Slow Growth ) Recession Multiple

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Compute the expected return given these three economic states, their likelihoods, and the potential returns: Economic State Fast Growth Slow Growth ) Recession Multiple Choice 29.0 percent 19.1 percent 14.1 percent -4.3 percent Probability Return 0.40 25% 0.55 12% 0.05 -50%

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