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Use the following information to calculate your company's expected return. State Probability Return Boom 20% 0.18% Normal 60% 0.12% Recession 20% -0.16
Use the following information to calculate your company's expected return.
State | Probability | Return |
Boom | 20% | 0.18% |
Normal | 60% | 0.12% |
Recession | 20% | -0.16 |
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