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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 17% 7.6% Steady

Calculate the expected return on stock of Time Saver Inc.:

State of the economy Probability of the states Percentage returns

Economic recession 17% 7.6%

Steady economic growth 40% 4.4%

Boom Please calculate it -4.2%

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