Calculate the expected return on stock of gamma inc state, Finance Basics

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Calculate the expected return on stock of gamma inc state

Question: Calculate the expected return on stock of Gamma Inc.: State of the economy Probability of the states Percentage returns Economic recession 17% -4.2% Steady economic growth 48% 3.8% Boom Please calculate it 9.4% Round the answers to two decimal places in percentage form.

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Finance Basics: Calculate the expected return on stock of gamma inc state

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