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Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 1 decimal place). Economic State Probability

Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 1 decimal place).

Economic State Probability Return

Fast growth 0.3 40 %

Slow growth 0.4 10

Recession 0.3 25

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Previous Question Next Question

Economic State	Probability	Return
Fast growth	0.3	40	%
Slow growth	0.4	10
Recession	0.3	25

Question

Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 1 decimal place). Economic State Probability

Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 1 decimal place). Economic State Probability Return Fast growth 0.3 40 % Slow growth 0.4 10 Recession 0.3 25

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Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 1 decimal place).

Economic State Probability Return

Fast growth 0.3 40 %

Slow growth 0.4 10

Recession 0.3 25