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Consider the following information: Probability of State of State Economy of Economy Recession Normal Boom Rate of Return if State Occurs Calculate the expected return:

Consider the following information: Probability of State of State Economy of Economy Recession Normal Boom Rate of Return if State Occurs Calculate the expected return: (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g: 32.16.) Expected return?

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