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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 22% -3.7% Steady economic

Calculate the expected return on stock of Gamma Inc.: State of the economy Probability of the states Percentage returns Economic recession 22% -3.7% Steady economic growth 48% 6.0% Boom Please calculate it 11.4% Round the answers to two decimal places in percentage form

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