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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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