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Use the following information to answer Part B State of Economy Probability ABC Company Expected Return XYZ Company Expected Return -19% Very Poor 0.3 -25%

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Use the following information to answer Part B State of Economy Probability ABC Company Expected Return XYZ Company Expected Return -19% Very Poor 0.3 -25% Poor 10.3 -15% -7% Good 0.2 4% 22% Very Good 0.2 24% 42% A) Calculate the expected return of ABC Company. (1 Mark) Please answer as a decimal to 3 decimal places

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