Consider the following: State of the economy next period Bad Average. Good Probability...
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Finance
Consider the following:
State of the economy next period Bad Average. Good
Probability of that state 0.2 0.5 0.3
Go Forward Corp's predicted return in that state -14.9% 9.3% 18.6%
What is the overall expected return for Go Forward Corp next period? Answer to 1 decimal point in units of percent (thus for13.48% enter 13.5)
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