State of economy probability of state of economy rate of


Calculating Expected Return. Consider the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Recession .28 − .10 Boom .72 .22 Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return

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Financial Management: State of economy probability of state of economy rate of
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