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Use the following information to cUse the following information to calculate your company's expected return. State Probability Return Boom 20% 0.38 Normal 60% 0.14 Recession

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

State

Probability

Return

Boom

20%

0.38

Normal

60%

0.14

Recession

20%

-0.19

Round to two decimal places.

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