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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 0.29 30%
Slow growth 0.41 3
Recession 0.30 27
what is the Expected return%
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