Felix is estimating the return for Togo Sledding and has determined the following probabilities and expected returns. Togo's expected return is closest to:

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a

7.40%

b

4.38%

c

9.25%

Felix is estimating the return for Togo Sledding and has determined the following probabilities and expected returns. Togo's expected return is closest to: Roaring expansion Steady high growth Steady moderate growth Slowing Recession Expected Probability Return 9% 17% 11% 14% 15% 8% 42% 3% 23% -5% Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an