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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 12% 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 12% 8.3%

Steady economic growth 37% 5.7%

Boom Please calculate it 10.7%

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