Question: Consider the following information: Calculate the expected return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g.,

Consider the following information:
Consider the following information:
Calculate the expected return. (Do not round

Calculate the expected return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

State of Probability of of Rate of Return Rate of Returrn Economy State of Economy if State Occurs 26 2.12 Recession Boom .74 24

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