Given the probabilities and oranges historical return what


An economic forecast put the following probabilities for the economy for the next year. The report says that there is a 25% probability of a recession, a 40% probability of an expansion, and a 35% probability of a boom. In the past orange inc has had an average annual return of -30% during a recession, 15% during an expansion, and 55% during a boom. Given the probabilities and oranges historical return what is orange's expected return in the next year.

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Financial Management: Given the probabilities and oranges historical return what
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