Consider the following information:

State of Economy

Recession

Normal

Boom

Probability of

State of Economy

$19$

$\mathrm{.}55$

$26$

Portfolio

Return if State

Occurs

$-\mathrm{.}15$

$16$

$\mathrm{.}24$

Calculate the expected return. $($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$