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Consider the following information: Probability of State of Economy Portfolio Return If State Occurs .13 .14 State of conomy Recession Normal Boom .53 30 Calculate

Consider the following information: Probability of State of Economy Portfolio Return If State Occurs .13 .14 State of conomy Recession Normal Boom .53 30 Calculate the expected return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return

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