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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 22% 7.1% Steady

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

State of the economy Probability of the states Percentage returns

Economic recession 22% 7.1%

Steady economic growth 36% 3.0%

Boom Please calculate it -2.5%

Round the answers to two decimal places in percentage form.

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