Problem $13-5$ Calculating Expected Return $[$LO$1]$

Conaider the following information:

$\backslash$table$[[,$Praballity of$,$Portfolle Sertarm$],[$State of buonowy,State of ficomery,If state boimery$],[$litassiom flam,. $28,-.18],[$Towe$,.22,23]]$

Calculate the expectied return.

Note: Do net reund intermediste calculations and enter your anower as a percemt rounded to $2$ decimal places, e$.$g$.32\mathrm{.}56.$

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Tapeded inturn