Based on the scenarios below, what is the expected rate of return (in percent) for...

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Finance

Based on the scenarios below, what is the expected rate of return (in percent) for a stock with the following return profile? (Please retain two decimal places in your answers)

Bear Normal Bull
Prob. 0.10 0.60 0.30
Return -18% 11% 20%

explain the math in steps please. thank you

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