Consider the following information: State of EconomyProbability of State of EconomyRate of Return if State Occurs Recession.17−.12 Normal.48.14 Boom.35.33 Calculate the expected return. Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

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05-06-2024
Business

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Consider the following information: State of EconomyProbability of State of EconomyRate of Return if State Occurs Recession.17−.12 Normal.48.14 Boom.35.33 Calculate the expected return. Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

Sagot :

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