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Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns: Probability 3 Economic State Fast Growth Slow Growth
Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns: Probability 3 Economic State Fast Growth Slow Growth Recession Return 31.5% 6.75% 2 75% .3 Multiple Choice 11.3% 20 5% 13.0%
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