Question: LO 2 5 points eBook Ask Print References Consider the following information: Rate of Probability of Return State of State if State of Economy Occurs

 LO 2 5 points eBook Ask Print References Consider the following

LO 2 5 points eBook Ask Print References Consider the following information: Rate of Probability of Return State of State if State of Economy Occurs -.13 15 Economy Recession Normal Boom .49 15 .36 34 Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return %

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