Question: Consider the following information: table [ [ , table [ [ Probability of ] , [ State of ] , [ State of

Consider the following information:
\table[[,\table[[Probability of],[State of],[State of Economy]],\table[[Portfolio],[Return if State]]],[Recession,.25,Occurs],[Boom,.75,-.15],[,.20,]]
Calculate the expected return. (Do not round intermediate calculations and enter yo answer as a percent rounded to 2 decimal places, e.g.,32.16.)
Expected return
%
 Consider the following information: \table[[,\table[[Probability of],[State of],[State of Economy]],\table[[Portfolio],[Return if State]]],[Recession,.25,Occurs],[Boom,.75,-.15],[,.20,]]

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