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MC Qu. 1 Expected Return Compute the expected return given these three ec... Expected Return Compute the expected return given these three economic states, their

MC Qu. 1 Expected Return Compute the expected return given these three ec...

Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns:

Economic State Probability Return
Fast Growth .2 31.2%
Slow Growth .5 6.60%
Recession .3 -2.60%

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