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Given the following probability distributions, what is the expected return for the market? State 1 2 3 PR 0.2 0.4 0.4 RM -10% 10

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Given the following probability distributions, what is the expected return for the market? State 1 2 3 PR 0.2 0.4 0.4 RM -10% 10 30 Ry 40% -20 30

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