Calculate the expected return on stock of money saver

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Reference no: EM131453693

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.

Reference no: EM131453693

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