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Stock A has the following returns for various states of the economy: State of the Economy Probability Stock A's Return Recession 5% -50% Below Average
Stock A has the following returns for various states of the economy: State of the Economy Probability Stock A's Return Recession 5% -50% Below Average 25% -3% Average 35% 10% Above Average 20% 20% Boom 15% 45% Stock As expected return is ________.
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