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Table shows probability distribution of XYZ company returns. Calculate expected rate of return. Economy Status Probabilities Rate of Return (96) (scenarios) Strong 0.2 12 Normal

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Table shows probability distribution of XYZ company returns. Calculate expected rate of return. Economy Status Probabilities Rate of Return (96) (scenarios) Strong 0.2 12 Normal 0.5 8.9 Week 0.3 3 Note: Do not round your answer. Write the answer without "%" sign. For example, if expected rate of return is 10.3%, write 10.3

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