Compute the Expected Return assuming the four possible economic scenarios noted, each scenario's likelihood, and the estimated returns for each scenario: (Fast Growth 3.14% probability, 29.90% expected return); (Slow Growth 46.60% probability, 17.00% expected return); (Recession 44.00% probability, -15.70% expected return); and (Depression 6.26% probability, -30.10% expected return)

Possible answers:

0.70%

1.07%

0.07%

0.28%

1.10%

0.87%

0.78%