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USE THE INFORMATION BELOW FOR PROBLEM 9 A financial analyst covering Magnum Oil has determined the following four possible returns given four different states of

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USE THE INFORMATION BELOW FOR PROBLEM 9 A financial analyst covering Magnum Oil has determined the following four possible returns given four different states of the economy over the next period. Return Probability 0.10 0.25 0.40 0.25 -20 -.05 0.30 Referring to the information provided, calculate the expected return for Magnum Oil. 5.0% 10.3% 13.7% 17.5% 20.096

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