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What is the investment expected return if the following anticipated returns are...
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What is the investment expected return if the following anticipated returns are expected?
Outcome
|
Probability
|
Return
|
Strong economy
|
30%
|
20%
|
Normal economy
|
50%
|
12%
|
Weak economy
|
20%
|
–2%
|
0%
0%
0%
100%