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L01 6. Calculate the 6. Calculating Expected Return. Based on the following information, calculate the expected return. State of Economy Probability of State of Economy

L01 6. Calculate the 6. Calculating Expected Return. Based on the following information, calculate the expected return. State of Economy Probability of State of Economy Rate of Return If State Occurs .15 Recession Normal Boom -.09 .11 .30 .25

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