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Expected return. Bacon and Associates, a famous Northwest think tank, has provided probability estimates for the four potential economic states for the coming year in

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Expected return. Bacon and Associates, a famous Northwest think tank, has provided probability estimates for the four potential economic states for the coming year in the following table: . The probability of a boom economy is 24%, the probability of a stable growth economy is 42%, the probability of a stagnant economy is 23%, and the probability of a recession is 11%. Estimate the expected returns on the following individual investments for the coming year

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