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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 .1 29%

Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns:

Economic State Probability Return
Fast Growth .1 29%
Slow Growth .8 14%
Recession .1 -29%

14.0%

14.3%

11.2%

17.0%

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