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Find the expected return

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Problem - For the coming year, a company is considering four different business scenarios - Very High, High, Medium and Low with a probability of 0.3, 0.5, 0.18 and 0.02 respectively. The possible return (in %) under these situations is visualized to be 14, 8, 3 and -2 respectively. Find the expected return?

Reference no: EM132869915

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