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Given the information in the following table, what is the expected return of the security? State of Economy Probability of Occurrence Expected Return High Growth

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Given the information in the following table, what is the expected return of the security? State of Economy Probability of Occurrence Expected Return High Growth 10% 12% Moderate Growth 20% 8% Stable 40% 3% Recession 30% -2% OB 12% Ob9% OC3% Od 4.3% OB3.4%

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