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Consider the following information: Probability of State i Actual Return of Ford Inc State i Boom 31 % 33 % Normal 15 % 14 %

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Consider the following information: Probability of State i Actual Return of Ford Inc State i Boom 31 % 33 % Normal 15 % 14 % Bust 54% -6% What is the expected Return of Ford Inc? (Answer as a percentage, and round to 2 decimal places.)

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