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Return 27% Outcome Boom Normal Recession Depression Probability 60% 25% 10% 5% 16.8% 10.5% 8.4% What is the arithmetic expected return on this asset

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Return 27% Outcome Boom Normal Recession Depression Probability 60% 25% 10% 5% 16.8% 10.5% 8.4% What is the arithmetic expected return on this asset

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