Problem 11-4 Expected Returns (LO1, CFA1) Security Returns if State Occurs State of Economy Bust Boom Probability of State of Economy 0.40 0.60 Roll -15% Ross 15% Calculate the expected returns for Roll and Ross by filling in the following table: (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Calculate the product using the decimal value of the probability and the percentage value of the return. Input all your answers as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Roll Ross Probability Return if State Occurs Return if State Occurs State of Product Product State of Economy Bust Boom Economy 0.40 0.60 (15) 22 |96 % (0.06 % 0, % 7.20 % 15 % 5% E(R)-s 0, % E(R) 9.00 %