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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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