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Given these states of the economy and the stock returns in each state, what is the expected return for this stock? Enter your answer as

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Given these states of the economy and the stock returns in each state, what is the expected return for this stock? Enter your answer as a percent rounded to two decimal places (for example, if your answer is 10.254%, enter 10.25). Probability of State of Economy State of Economy Recession Normal Security Return if State Occurs -5.50% 12.00 19.00 0.35 0.20 0.45 Boom

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