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Use the following information to calculate your companys expected return. Round to two decimal places. State Probability Return Boom 20% 0.48 Normal 60% 0.11 Recession

Use the following information to calculate your companys expected return. Round to two decimal places.

State	Probability	Return
Boom	20%	0.48
Normal	60%	0.11
Recession	20%	-0.18

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