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Consider the following information: State of Economy Recession Normal Boom Multiple Choice Calculate the expected return. O O Probability of State of Rate of Return

Consider the following information: State of Economy Recession Normal Boom Multiple Choice Calculate the expected return. O O Probability of State of Rate of Return if State Occurs -.05 15 .24 O 15.86% 2.27% 16.65% Economy .11 .55 .34 16.49%

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