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Use the following information to calculate your companys expected return. State Probability Return Boom 20% 0.13 Normal 60% 0.13 Recession 20% -0.19 Round to two
Use the following information to calculate your companys expected return.
| State | Probability | Return |
| Boom | 20% | 0.13 |
| Normal | 60% | 0.13 |
| Recession | 20% | -0.19 |
Round to two decimal places.
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
