Question: Need Help with Finance Question. Please answer with as much detail as you can. I'll like your correct answer. Thank you. The GAMA stock is

Need Help with Finance Question. Please answer with as much detail as you can. I'll like your correct answer. Thank you.

The GAMA stock is expected to eam 14% in a recession, 6% in a normal economy, and lose 45 in a booming economy. The probability of a boom is 20%6 while the probability of a normal economy s 55% and the chance of a recession is 25%. What is the empected rate of return on this stock? Please show your work to get full credit for this

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