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Solve the question in the picture provided With the probabilities of recession, stagnation and boom equal to 1/2,1/4, 1/4 and the predicted annual returns in

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With the probabilities of recession, stagnation and boom equal to 1/2,1/4, 1/4 and the predicted annual returns in the first two of these scenarios at 5% and 6%, respectively, find the annual return in the remaining scenario if the expected annual return is known to be 6%

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