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. Given the following probabilities and expected returns: Scenario Probability 7 E(r) S E(r) B Severe recession 0.1 0.23 -0.1 Mild recession 0.2 0.04 0.12

. Given the following probabilities and expected returns: Scenario Probability 7 E(r) S E(r) B Severe recession 0.1 0.23 -0.1 Mild recession 0.2 0.04 0.12 Normal Growth 0.45 0.2 0.08 Boom economy 0....

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