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Based on the following information, calculate the expected return. 13.88% 14.18% 12.05% 15.95% Based on the followin information. calculate the ex ected return. State of

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Based on the following information, calculate the expected return. 13.88% 14.18% 12.05% 15.95%

Based on the followin information. calculate the ex ected return. State of Economy Probability of State Rate of Return If State occurs Recession Normal Boom C) 13.88% Q) 14.18% 012.05?' C) 15.95% of Econo .15 .60 .25 -.19 .18 .32

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