Question: your supervisor asks you to evaluate the expected risk and return of investing in company's stock. Analysts collected the following data on probabilities and possible

your supervisor asks you to evaluate the expected risk and return of investing in company's stock. 

Analysts collected the following data on probabilities and possible returns for the company's stock: Prob Return 0.2 7% 0.3 16% 0.3 21% 0.2 29% 

What is the expected return on the company's stock?

Please enter your answer as a number with 3 decimals.

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