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Question 6 Use the following information to calculate your company's expected return. State Probability Return Boom 20% 0.12 Normal 60% 0.10 Recession 20% -0.19 Round
Question 6
Use the following information to calculate your company's expected return.
State Probability Return
Boom 20% 0.12
Normal 60% 0.10
Recession 20% -0.19
Round to two decimal places.
Answer:
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