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Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to two decimal places and do not

Compute the expected return given these three economic states, their likelihoods, and the potential returns:

(Round your answer to two decimal places and do not include a % symbol)

Economic states ProbabilityReturn

Fast growth 0.1 50%

Slow growth 0.6% 8%

Recession 0.3 10%

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