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Calculate the expected return on a stock that has a 26% probability of a 15% return, a 25% probability of a 7% return, and a
Calculate the expected return on a stock that has a 26% probability of a 15% return, a 25% probability of a 7% return, and a 49% probability of a -19% 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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