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Compute the expected return given these three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast Growth .2 30.9% Slow Growth
Compute the expected return given these three economic states, their likelihoods, and the potential returns:
| Economic State | Probability | Return |
| Fast Growth | .2 | 30.9% |
| Slow Growth | .4 | 6.45% |
| Recession | .4 | -2.45% |
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Financial Modeling Using Excel And VBA
Authors: Chandan Sengupta
1st Edition
0471267686, 978-0471267683
