Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns. Economic State Fast Growth slow Growth Recession Multiple Choice 17.3% 19.6% 12.8% 11.9% Probability .3 5 .2 Return 30.6 % 6.30 % -2.30 %

Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns. Multiple Choice 1736 196% 128% 119%