Question
Compute the expected return given these three economic states, their likelihoods, and the potential returns: ( Round your answer to 2 decimal places. ) Economic
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 0.17 56 %
Slow growth 0.50 21 %
Recession 0.33 43 %
Expected return %?
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Foundations In Personal Finance
Authors: Dave Ramsey
1st Edition
0981683967, 978-0981683966
