Based on the following information, what is the expected return?

State of Economy Probability of State of Economy Rate of Return if State Occurs

Recession $\mathrm{.}2610\mathrm{.}80\%$

Normal $\mathrm{.}2912\mathrm{.}30\%$

Boom $\mathrm{.}4521\mathrm{.}40\%$