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Shares of Rodger's Insurance stock will return -3.8% during a recession, 3.2% during a normal economy, and 11.9% during a boom economy. If there is
Shares of Rodger's Insurance stock will return -3.8% during a recession, 3.2% during a normal economy, and 11.9% during a boom economy. If there is a 11% chance of recession, and 12% chance of a boom, what is the expected return for Rodger's? (Enter your response as a percentage with two decimal places, ex: 12.34)
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