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Calculate the expected return on stock of Gamma Inc.: State of the economy Probability of the states Percentage returns Economic recession 24% -8.3% Steady economic

Calculate the expected return on stock of Gamma Inc.: State of the economy Probability of the states Percentage returns Economic recession 24% -8.3% Steady economic growth 30% 4.8% Boom Please calculate it 12.7% Round the answers to two decimal places in percentage form

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