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P13-6 Calculating Expected Return (LO1] Consider the following information: State of Economy Recession Normal Boom Probability of State of Rate of Return if State Economy

P13-6 Calculating Expected Return (LO1] Consider the following information: State of Economy Recession Normal Boom Probability of State of Rate of Return if State Economy Occurs .11 -06 55 34 .29 .14 cook Calculate the expected return. erences

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