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show excel procedure 42. Based on the following information, what is the expected return? State of Economy Probability of Economic State Rate of Return if

show excel procedureimage text in transcribed

42. Based on the following information, what is the expected return? State of Economy Probability of Economic State Rate of Return if State 0.15 0.85 Occurs -0.09 negative 0.18 Boom a.) Ob.) oc.) O d.) 9% 13.95% 14.15% none of the above

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