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Calculate the expected return of stock a round your answer

An analyst has predicted the following returns for Stock A and Stock B is three possible states of the economy.

State Probability A B

Boom .23 .22 .22

Normal .40 .19 .16

Recession ??? .17 .10

Calculate the expected return of Stock A. (Round your answer to 4 decimal places, and express as a percent. Do NOT include the % sign. .87643 would round to .8764. This number expressed as a percent is 87.64%. You would type 87.64 as your answer.)

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Basic Computer Science: Calculate the expected return of stock a round your answer

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