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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 15% -8.4% Steady economic
Calculate the expected return on stock of Gamma Inc.:
State of the economy | Probability of the states | Percentage returns |
---|---|---|
Economic recession | 15% | -8.4% |
Steady economic growth | 43% | 2.1% |
Boom | Please calculate it | 14.0% |
Round the answers to two decimal places in percentage form.
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