Refer to the table below to complete this question. "Compute the expected return given these...

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Accounting

Refer to the table below to complete this question. "Compute the expected return given these three economic states, their likelihoods, and the potential returns." (Cornett, Adair, & Nofsinger, 2016). Distinguished-level: Recalculate the expected return under a set of changed economic probabilities.

Economic State Probability Return
Fast growth .25 40%
Slow growth .50 10%
Recession .25 -4%

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