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Consider the following: state of. probability of. Rate of economy. state of economy return if state occurs recession. 0.17 -0.11 normal. 0.47 0.13 boom. 0.36

Consider the following: state of. probability of. Rate of economy. state of economy return if state occurs

recession. 0.17 -0.11 normal. 0.47 0.13 boom. 0.36 0.32

calculate the expected return _______

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