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Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast Growth .3 31.5%
Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns:
| Economic State | Probability | Return |
| Fast Growth | .3 | 31.5% |
| Slow Growth | .4 | 6.75% |
| Recession | .3 | -2.75% |
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