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What is the expected return of the following return distribution? (Provide your answer as a percentage return and round to two decimal places) State Probability
What is the expected return of the following return distribution? (Provide your answer as a percentage return and round to two decimal places)
State | Probability | Return |
1 | 11% | -0.09 |
2 | 12% | -0.1 |
3 | 23% | 0.17 |
4 | ? | 0.18 |
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