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Calculate the expected return on a stock that has a 29% probability of a 12% return, a 30% probability of a 8% return, and a

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Calculate the expected return on a stock that has a 29% probability of a 12% return, a 30% probability of a 8% return, and a 41% probability of a -13% 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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