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Use the following information to calculate your company's expected return. State Probability Return Boom 20% 0.50 Normal 60% 0.14 Recession 20% -0.20
Use the following information to calculate your company's expected return.
State Probability Return
Boom 20% 0.50
Normal 60% 0.14
Recession 20% -0.20
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
