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What is the expected return rate? Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to
What is the expected return rate?
Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.) Return 30% Economic State Fast growth Slow growth Recession Probability 0.29 0.41 0.30 3 -27 Expected returnStep by Step Solution
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