(CHAPTER 13) You are trying to make your best guess about next year's return on Snapchat's stock, using the following information that is available to you today: mi If Snapchat is very profitable, the return next year will be 30%. This is a 29 percent likely scenario. If Snapchat does alright, the return next year will be 11%. This is a 47 percent likely scenario. If Snapchat does poorly, the return next year will be 4%. This is a 7 percent likely scenario. If Snapchat faces its worst case scenario, the return next year will be -11%. This scenario will happen with the remaining likelihood. Calculate Snapchat's next year's expected return. Round your answer to TWO decimal places. Type your answer in %, but do NOT use the "%" sign. For example, if you got 12.34%, put simply 12.34