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Consider the following information: State of Economy Recession Probability of State of Economy Portfolio Return If State Occurs .20 .80 -.14 17 Boom Calculate the

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Consider the following information: State of Economy Recession Probability of State of Economy Portfolio Return If State Occurs .20 .80 -.14 17 Boom Calculate the expected return. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Expected return

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