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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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