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Outcome Probability Return Boom 60% 34.9% Normal 25% 21.5% Recession 10% 14.7% Depression 5% 7.0% What is the arithmetic expected return on this asset

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Outcome Probability Return Boom 60% 34.9% Normal 25% 21.5% Recession 10% 14.7% Depression 5% 7.0% What is the arithmetic expected return on this asset

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