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(Please explain how you got the answer, that is what I do not understand. I want to understand the process so I know how to
(Please explain how you got the answer, that is what I do not understand. I want to understand the process so I know how to do it correctly.)
Use the chart below to answer questions 1 through 4. Goldbergs CS -5% Market -8% 1% Economy Probability Big Bang CS Recession 0.15 - 10% Below Avg 0.2 0% Average 0.4 15% Above Avg 0.15 20% Boom 0.1 25% 0% 20% Emoji CS 15% 10% 0% -5% -15% 30% 40% 10% 15% 25% 1. Calculate the expected return for Big Bang CS. 2. Calculate the expected return for Goldberg CS. 3. Calculate the expected return for Emoji CS. 4. Name one positive correlation from the chart above. 5. Name one negative correlation from the chart aboveStep by Step Solution
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