Economy probability of state of economy portfolio return

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Consider the following information: State of Economy Probability of State of Economy Portfolio Return If State Occurs Recession .20 − .16 Normal .45 .17 Boom .35 .25 Calculate the expected return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return %

Reference no: EM131014917

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