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Question 9 7 pts Based on the following information, what is the expected return? Probability of State of State Economy of Economy Recession .28 Normal

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Question 9 7 pts Based on the following information, what is the expected return? Probability of State of State Economy of Economy Recession .28 Normal .31 Rate of Return if State Occurs -10.60% 12.10% Boom .41 21.40% 09.56% 7.63% 12.53% 8.60% 15.49%

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