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Given the expected returns and probabilities of various states of the world in this table, what is the expected return for Carbon-Free Company? 3 Carbon-Free

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Given the expected returns and probabilities of various states of the world in this table, what is the expected return for Carbon-Free Company? 3 Carbon-Free Company State of the Economy Probability of State Boom Steady .60 Recession Return on State 18% 10%

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