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Multiple Choice 18.69% 18.87% 17.07% 2.40% 17.97% Consider the following information: State of Economy Recession Normal Boom Probability of State of Rate of Return if

image text in transcribed Multiple Choice

18.69%
18.87%
17.07%
2.40%
17.97%

Consider the following information: State of Economy Recession Normal Boom Probability of State of Rate of Return if State Economy Occurs .11 -.06 .45 .15 .44 .27 Calculate the expected return

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