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Saved amework i Consider the following information: Probability of State of Economy .10 .60 State of Economy Recession Normal Boom Portfolio Return if State Occurs

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Saved amework i Consider the following information: Probability of State of Economy .10 .60 State of Economy Recession Normal Boom Portfolio Return if State Occurs 5 30 Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e Expected return

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