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LL stock is estimated to have following returns in future. Use the information to calculate the stock's expected retum. Round your answer to two decimal

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LL stock is estimated to have following returns in future. Use the information to calculate the stock's expected retum. Round your answer to two decimal places of percentage. (you MUST show your work to carn credit) Conditions Bullish Bearish Prob. 0.40 0.60 Return 36.0% 8.0%

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