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Use the following information to calculate your companys expected return. State Probability Return Boom 20% 0.11 Normal 60% 0.12 Recession 20% -0.16 Round to two

Use the following information to calculate your companys expected return. State Probability Return Boom 20% 0.11 Normal 60% 0.12 Recession 20% -0.16 Round to two decimal places

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