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Calculate the expected return on stock of Money Saver Inc: State of the economy Probability of the states Percentage returns Economic Recession 21% 6.1% Steady

Calculate the expected return on stock of Money Saver Inc:

State of the economy Probability of the states Percentage returns

Economic Recession 21% 6.1%

Steady economic growth 50% 4.6%

Boom Please calculate it -3.7%

Round the answer to two decimal place in percentage form.

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