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Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns. Economic State Fast Growth Slow Growth Recession
Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns. Economic State Fast Growth Slow Growth Recession Probability .3 .4 .3 Return 30.7 % 6.35 % -2.35 %
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