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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 15% 7.4% Steady
Calculate the expected return on stock of Time Saver Inc.: State of the economy Probability of the states Percentage returns Economic recession 15% 7.4% Steady economic growth 36% 4.0% Boom Please calculate it -4.1% Round the answers to two decimal places in percentage form.
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