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You are considering buying stock A. If the economy grows rapidly, you may earn 20 percent on the investment, while a declining economy could result

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You are considering buying stock A. If the economy grows rapidly, you may earn 20 percent on the investment, while a declining economy could result in a 10 percent loss. Slow economic growth may generate a return of 4 percent. If the probability is 13 percent for rapid growth, 17 percent for a declining economy, and 70 percent for slow growth, what is the expected return on this investment? Round your answer to one decimal place

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