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Stock A returns 12% in Scenario 1, and -5.4% in Scenario 2. Stock B returns -6.8% in Scenario 1, and 17.8% in Scenario 2. The
Stock A returns 12% in Scenario 1, and -5.4% in Scenario 2. Stock B returns -6.8% in Scenario 1, and 17.8% in Scenario 2. The likelihood of Scenario 1 is 7%, and the likelihood of Scenario 2 is (100% - 7%). Calculate the expected return for Stock A. Report the answer in percent, make sure to include the percentage sign (%), and round to the second decimal.
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