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Consider the following information: table [ [ State of , Probability of state,Rate of Return if state ] , [ Economy , of Economy,Occurs
Consider the following information:
tableState ofProbability of state,Rate of Return if stateEconomyof Economy,OccursRecessionNormalBoom
Calculate the expected return.
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
Expected retum
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