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Consider the following information: State i Probability of State i Actual Return of Ford Inc Boom 76 % 20 % Bust 24 % 2% What

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Consider the following information: State i Probability of State i Actual Return of Ford Inc Boom 76 % 20 % Bust 24 % 2% What is the expected Return of Ford Inc? (Answer as a percentage, and round to 2 decimal places.)

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