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The return on shares of Fast Transportation Company is predicted under the following various economic conditions: Recession -0.17 Normal 0.09 Boom 0.24 Each economic state

The return on shares of Fast Transportation Company is predicted under the following various economic conditions: Recession -0.17 Normal 0.09 Boom 0.24 Each economic state has the same probability of occurring (33.33%). Which of the following answers is closest to the expected return of the stock?

0.16

0.053

0.017

0.09

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