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Compute for the expected return for economic states

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Reference no: EM132492224

Question 1: Expected Return Compute the expected return given these three economic states, their likelihoods, and the potential returns:

Economic             StateProbability              Return

Fast Growth                .3                       30.6%

Slow Growth             .56                    .30%

Recession                   .2               -2.30%

Reference no: EM132492224

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