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Expected return. Hull Consultants, a famous think tank in the Midwest, has provided probability estimates for the four potential economic states for the coming year.

Expected return. Hull Consultants, a famous think tank in the Midwest, has provided probability estimates for the four potential economic states for the coming year. The probability of a boom
economy is 14%, the probability of a stable growth economy is 16%, the probability of a stagnant economy is 52%, and the probability of a recession is 18%. Estimate the expected returns on the
following individual investments for the coming year, .
Hint: Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, phrases in parenthesis after each answer box, only apply for the answers you will
type.
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