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Problem #6 (Calculating Expected Return) Based on the following information, calculate the expected return: State of Econom Recession Normal {Boom Probabilit of State of Econom

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Problem #6 (Calculating Expected Return)

Based on the following information, calculate the expected return:

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State of Econom Recession \Normal {Boom Probabilit of State of Econom 0.10 0.60 0.30 Portfolio Return If State -0.18 0.11 0.26 ccur

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