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Calculate the expected return on a stock that has a 28% probability of a 13% return, a 24% probability of a 5% return, and a
Calculate the expected return on a stock that has a 28% probability of a 13% return, a 24% probability of a 5% return, and a 48% probability of a -16% retur. 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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