Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.)

Problem 10-2 Expected Return (LG10-1) Compute the expected return given these three economic states, their likelihoods, and the potential returns: (Round your answer to 2 decimal places.) Economic State Fast growth slow growth Recession Probability 0.24 0.51 0.25 Return 38% 6 -34 Expected return %