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Consider the following information: Rate of State of Probability of State Return if State Economy of Economy Occurs Recession .24 -.10 Normal .46 .12
Consider the following information: Rate of State of Probability of State Return if State Economy of Economy Occurs Recession .24 -.10 Normal .46 .12 Boom .30 .31 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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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
5th edition
1259289907, 978-1259289903
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