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Calculate the expected retum on a stock that has a 31% probability of a 14% return, a 32% probability of a 3% return, and a
Calculate the expected retum on a stock that has a 31% probability of a 14% return, a 32% probability of a 3% return, and a 37% probability of a -15% return. The expected return on this stock is % (Please retain at least 4 decimal places in your calculation and at least 2 decimal places in the final answer.)
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