Question: A stock is expected to return in 9% a normal economy , 14 % if the economy booms , and lose 3% if the economy

A stock is expected to return in 9% a normal economy , 14 % if the economy booms , and lose 3% if the economy moves into a recessionary period . Economists predict a 68 % chance of a normal economy , a 11 % chance of boom , and a 21 % chance of a recession . The expected return on the stock is ___% ( 4 decimal answer only)

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