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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 24% 5.8% Steady
Calculate the expected return on stock of time Saver Inc.
State of the economy | Probability of the states | Percentage returns |
Economic recession | 24% | 5.8% |
Steady economic growth | 48% | 4.5% |
Boom |
| -4.3% |
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