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Compute the expected return for a security with the following projected returns. State of the Probability Projected Economy (%) Return (%) Recession 8 - 11.54

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Compute the expected return for a security with the following projected returns. State of the Probability Projected Economy (%) Return (%) Recession 8 - 11.54 Moderate 18 4.52 Average 53 11.22 Good 17 17.55 Outstanding 4 21.82 The expected return is %. (Round to two decimal places.) You bought stock in your favorite online retail company at a price of $73 per share. You recently sold the stock for a price of $79 per share. While holding the stock, you received dividends of $2.18. What was your holding period return? Your holding period return was %. (Round to two decimal places.)

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