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Consider the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Recession 18% -12% Normal 54% 14% Boom
| Consider the following information: | ||
| State of Economy | Probability of State of Economy | Rate of Return if State Occurs |
| Recession | 18% | -12% |
| Normal | 54% | 14% |
| Boom | 28% | 34% |
| What is the expected return based on these estimates? | ||
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The ABCs Of Personal Finance
Authors: Bukiie Smart
1st Edition
198092614X, 978-1980926146
