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Probability of State of Rate of Return if State State of Economy Economy Occurs Recession .11 -07 Normal .55 .13 Boom .34 27 Calculate the

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Probability of State of Rate of Return if State State of Economy Economy Occurs Recession .11 -07 Normal .55 .13 Boom .34 27 Calculate the expected return. Multiple Choice O 2.20% Drev 12 of 25

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