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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 Dancine Company? Dancine Company

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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 Dancine Company? Dancine Company State of the Economy Boom Steady Recession O 12.40% O 10.15% 0 -0.75% 9.45% Probability of State 30 55 15 Return on State 18% 10% -5%

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