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Show calculations Compute the expected return given these three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast Growth .2 30.8%

Show calculations Compute the expected return given these three economic states, their likelihoods, and the potential returns:

Economic State Probability Return
Fast Growth .2 30.8%
Slow Growth .5 6.40%
Recession .3 -2.40%

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