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Consider the following information: State of Probability of State Rate of Return if State of Economy Occurs Economy Recession Normal Boom .18 .47 .35 Expected

Consider the following information: State of Probability of State Rate of Return if State of Economy Occurs Economy Recession Normal Boom .18 .47 .35 Expected return Calculate the expected return. Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g -.11 .13 .32 %
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Consider the following information: Calculate the expected return. Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e

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