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Consider the following information: table [ [ table [ [ State of ] , [ Economy ] ] , table [ [

Consider the following information:
\table[[\table[[State of],[Economy]],\table[[Probability of State of Rate of Return if State],[Economy]],],[Recession,.11,-.06],[Normal,.35,.12],[Boom,.54,.32]]
Calculate the expected return.
Multiple Choice
20.82%
21.86%
2.53%
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