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Calculate the expected return on stock of Time Saver Inc.: State of the economy Probability of the states Percentage returns Economic recession 25% 7.8% Steady

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Calculate the expected return on stock of Time Saver Inc.: State of the economy Probability of the states Percentage returns Economic recession 25% 7.8% Steady economic growth 34% 4.7% Boom Please calculate it -2.2% Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)

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