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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 29% -6.9% Steady economic
Calculate the expected return on stock of Gamma Inc.:
| State of the economy | Probability of the states | Percentage returns |
|---|---|---|
| Economic recession | 29% | -6.9% |
| Steady economic growth | 44% | 3.6% |
| Boom | Please calculate it | 8.5% |
Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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International Trade Finance
Authors: Tarsem Bhogal, Arun Trivedi
2nd Edition
303024542X, 9783030245429
