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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 10% -3.1% Steady
Calculate the expected return on stock of Gamma Inc.:
State of the economy -Probability of the states - Percentage returns
Economic recession 10% -3.1%
Steady economic growth 31% 3.7%
Boom Please calculate it 13.7%
Round the answers to two decimal places in percentage form.
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