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state of economy probability of state of e rate of return recession .24 -.09 normal .45 .11 boom .31 .30 calculate the expected return.
state of economy probability of state of e rate of return
recession .24 -.09
normal .45 .11
boom .31 .30
calculate the expected return.
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Cases in Financial Reporting
Authors: Michael J. Sandretto
1st edition
538476796, 978-0538476799
