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Homework answers / question archive /   Question 1 (1 point) Calculate the expected return on stock of Gamma Inc

  Question 1 (1 point) Calculate the expected return on stock of Gamma Inc

Finance

 

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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