Calculate the expected returns for the following two$$ assets:$$

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Asset A

pays

a return of

$$$$2$ comma $5002,500$

$3030\%$

of the time and

$$$$10001000$

$7070\%$

of the time.

Asset B pays a return of

$$$$2$ comma $0002,000$

$6060\%$

of the time and

$$$$800800$

$4040\%$

of the time.

Part $2$

The expected return for Asset A is

$$ $enter your response here.

$($Round

your response to the nearest

dollar.$)$