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Consider the following information: State i Probability of State i Actual Return of Ford Inc Boom 21 % 25 % Normal 13 % 5 %
Consider the following information: State i Probability of State i Actual Return of Ford Inc Boom 21 % 25 % Normal 13 % 5 % Bust 66 % -6 % What is the expected Return of Ford Inc? (Answer as a percentage, and ound 2 decimal places.)
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