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Compute the expected return given these three economic states, their likelihoods, and the potential returns: 6 Economic State Fast growth Slow growth Recession Probability 0.2

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Compute the expected return given these three economic states, their likelihoods, and the potential returns: 6 Economic State Fast growth Slow growth Recession Probability 0.2 0.6 0.2 Return 35% 10 -30 0.73 points Expected return 2 % eBook Hint References

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