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The stock section of this portfolio is made up of mostly Blamo stock. Blamo can behave in three different ways over the next year depending
The stock section of this portfolio is made up of mostly Blamo stock. Blamo can behave in three different ways over the next year depending on the state of the world:
State Return Probability
Good 15% 30%
Okay 5% 45%
Bad -4% 25%
What is the expected return of the stock?
*Please use 5 decimal places in your response*
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