Do not do any interim rounding, calculate values to at least $6$ decimal places before converting to a percentage, state answers as a percentage to $2$ decimal places, do not include labels $(\%,$ $$).$ For example, $\mathrm{.}06487$ should be input as $6\mathrm{.}49$

Consider the following information about expected returns for two securities$,$ Ravenwood Consulting and Brody Enterprises.

Probability Ravenwood Brody

Boom $45\%13\mathrm{.}50\%1\mathrm{.}60\%$

Neutral $25\%8\mathrm{.}80\%4\mathrm{.}40\%$

Bust $30\%-4\mathrm{.}20\%14\mathrm{.}30\%$

The expected return for a portfolio invested $60\%$ in Ravenwood and $40\%$ in Brody is: