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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

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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 Probability .3 .4 .3 Return 30.7 % 6.35 % -2.35 %

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