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Calculate the expected return on stock of Alfa Inc. : State of the economy Probability of the states Percentage returns Economic recession 54% -7.2% Steady
Calculate the expected return on stock of Alfa Inc. :
| State of the economy | Probability of the states | Percentage returns |
|---|---|---|
| Economic recession | 54% | -7.2% |
| Steady economic growth | 16% | 3.1% |
| Boom | Please calculate it | 16.6% |
Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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