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 .24 − .20 Normal .49 .15 Boom .27 .29 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: EM131917215

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