Calculate the expected return on stock of money saver


Calculate the expected return on stock of Money Saver INC

State of the economy Probability of the states percentage returns

Economic recession 21% 6.1%

Steady economic growth 50% 4.6%

Boom Please calculate it -3.7%

Round the answers to two decimal places in percentage form.

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Financial Management: Calculate the expected return on stock of money saver
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