Question: 4 10 points Return to question Consider the following information: State of Probability of Portfolio Return State of Economy If State Occurs Economy Recession .34

 4 10 points Return to question Consider the following information: State

4 10 points Return to question Consider the following information: State of Probability of Portfolio Return State of Economy If State Occurs Economy Recession .34 - .19 Boom .66 .27 Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Expected return 10.40 %

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