Question: Question 1 (1 point) Calculate the expected return on stock of Gamma Inc.: State of the economy Probability of the states Percentage returns Economic recession
Question 1 (1 point)
Calculate the expected return on stock of Gamma Inc.:
| State of the economy | Probability of the states | Percentage returns |
|---|---|---|
| Economic recession | 30% | -4.2% |
| Steady economic growth | 37% | 3.5% |
| Boom | Please calculate it | 13.4% |
Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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