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Consider a portfolio with $3,697 invested in Asset A and $4,421 invested in Asset B with the following returns and probabilities. What is the rate

Consider a portfolio with $3,697 invested in Asset A and $4,421 invested in Asset B with the following returns and probabilities. What is the rate of return on the portfolio pay when a LOSS occurs? (round the the nearest whole percentage ##%, include a negative sign if appropriate )

State

Probability Asset A Asset B

WIN 0.7 24% 39%

TIE 0.2 7% 6%

LOSS 0.1 -3% -9%

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