Compute the expected return given these three economic, Financial Management

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Compute the expected return given these three economic

Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 1 decimal place.)

Economic State Probability Return

Fast growth 0.3 40 %

Slow growth 0.4 10

Recession 0.3 –25

Expected return

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Financial Management: Compute the expected return given these three economic

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Financial Management: Compute the expected return given these three economic

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