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Use the following information to calculate your company's expected return. State Probability Return Boom 20% 0.10 Normal 60% 0.11 Recession 20% -0.20 Round to two

Use the following information to calculate your company's expected return.

State	Probability	Return
Boom	20%	0.10
Normal	60%	0.11
Recession	20%	-0.20

Round to two decimal places.

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