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Use the following information to calculate your company's expected return State Probability Return Boom 20% 0.16 Normal 60% 0.14 Recession 20% -0.18 Round to two

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

State Probability Return

Boom 20% 0.16

Normal 60% 0.14

Recession 20% -0.18

Round to two decimal places

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