Question: A stock is expected to return 9% in a normal economy, 11% if the economy booms, and lose 5% if the economy moves into a

A stock is expected to return 9% in a normal economy, 11% if the economy booms, and lose 5% if the economy moves into a recessionary period. Economists predict a 57% chance of a normal economy, a 17% chance of a boom, and a 26% chance of a recession. The expected return on the stock is %
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