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Use the following information on states of the economy and stock returns to calculate the expected return for Dingaling Telephone: Note: Do not round intermediate

Use the following information on states of the economy and stock returns to calculate the expected return for Dingaling Telephone:
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
\table[[State of Economy,\table[[Probability of State of],[Economy]],\table[[Security Return i],[State Occurs]]],[Recession,0.25,-8%
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