Problem 10-2 Expected Return (LG10-1) Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.) Economic State Fast growth slow growth Recession Probability 0.19 0.42 0.39 Answer is complete but not entirely correct. Expected return 10.36 Return 30% 13 -24 % S

Problem 10-2 Expected Return (LG10-1) Compute the expected return given these three economic stotes, their likelihoods, and the potential retums. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct