ezto.mheducation.com/hm.tpx Question 3 (of 6) value: 10.00 points Consider the f

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ezto.mheducation.com/hm.tpx Question 3 (of 6) value: 10.00 points Consider the following information: Return tate EconomyStat Recession Normal Boom If State Occurs e of Economy 15 .51 .34 17 31 Calculate the expected return. (Do not round intermediate calculations. Enter your a percent rounded to 2 decimal places, e.g., 32.16.) Expected return References eBook & Resources Learning Objeqtiv: 13-01 How to calculate expected returns variance, and standard deviation Worksheet Difficulty: Basic section: 13.1 Expected Returns and Variances Type here to search

Explanation / Answer

expected return

=.15*(-0.22)+.51*(0.17)+.34*(.31)

=15.91%

the above is the answer

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