Question: Consider the following information: State i Probability of State i Actual Return of Google Boom 24% 16 % Bust 76% 5% What is the expected

 Consider the following information: State i Probability of State i Actual

Consider the following information: State i Probability of State i Actual Return of Google Boom 24% 16 % Bust 76% 5% What is the expected Return on Google Stock? (Answer as a percentage and Round to 2 decimals)

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